MONTREAL - Richelieu Hardware acquired U.S. hardware distributor Eveready Hardware, located in Long Island, New York.
Eveready Hardware imports and distributes cabinet, closet,
kitchen, architectural, bath, woodworking and storefront
hardware. Eveready says it stocks over 14,000 products and
supplies including decorative, functional and architectural
hardware, shop supplies, machinery and several lines of closet
and organization hardware from leading industry suppliers
This acquisition by Richelieu is its twentieth buyout of an
American company, including the Houston-based Cornerstone Hardware & Supplies, acquired in December 2015. The
two acquisitions will add more than $10 million to its sales,
according to Richelieu.
“Richelieu started 2016 with results reflecting the success
of our innovation, market development and acquisition strat-
egies,” said Richard Lord, president and CEO of Richelieu.
“The first quarter was highlighted by strong sales growth
In the first quarter of 2016 Richelieu’s sales in Canada totaled
$120.4 million for the first quarter of 2016, reflecting internal
growth of 11. 8 percent. Of that, sales to manufacturers amount-
ed to $94.6 million. U.S. sales rose to US $49.3 million, an
increase of 15 percent over the first quarter of 2015. Sales to
manufacturers grew to US $46.3 million, an increase of approx-
imately 16.3 percent.
Eveready Hardware was founded in 1934 by Maurice Taylor
and Dorothy Salinger. bit.ly/28R9Qkb
Richelieu buys Eveready Hardware
GRAND JUNCTION, Colo. - Glideware announced it will use
Wurth Baer Supply and Hardware Distributors Ltd. (HDL) as
distributors across a large portion of the United States. Wurth
Baer will carry Glideware in the Central Plains, Midwest, upper
Midwest, New England, and the northern Mid-Atlantic states.
The distributor already carries a wide variety of kitchen supplies,
as well adhesives, woodworking machinery, tools, finishes,
lighting, and board panels. HDL has a portfolio similar to Wurth
Baer’s, and will also carry Glideware in the upper Midwest and
beyond. The long-established company maintains a warehouse
in Sauk Rapids, Minnesota.
Glideware founders David and Jenny Hall developed their
first product in 2013, when they needed to organize a set of
Teflon-coated pans in a way that wouldn’t damage the non-
stick surface. The supply rack they developed had dividers to
prevent pots and pans from banging into each other while the
extension slide was being withdrawn from the cabinet.
“We’re thrilled to have the opportunity to offer Glideware
to our customers,” said Keven Joseph, Product Manager at
Wurth Baer Supply.
“Glideware creates innovative organizational products that
can move the needle for our customers,” said Tom Kubat,
Purchasing Manager for HDL. “The versatility of their product line to move outside the kitchen and into organization for
the home creates a lot of opportunity.” bit.ly/28Po TfD
Glideware to distribute through Wurth
Baer and Hardware Distributers Ltd.