Nelson & Small distributor sells multiple divisions
The Portland-based appliance distributor Nelson & Small has sold off most of its various divisions through multiple transactions, the Portland Press Herald reported.
Owners Ken Nelson and David Small told the paper that Webber Supply in June acquired their company’s heating and energy division, Kleen Sky acquired its distribution rights for Odorox and Burner Booster products and Nelson and Small Commercial Equipment Co. acquired the commercial laundry division. The terms of the sales were not disclosed. Former senior managers at Nelson & Small run Kleen Sky and the commercial laundry division.
The paper reported Nelson and Small have retained ownership of Roland’s Supply in Kennebunk, a national wholesale distributor of plumbing, heating and electrical supplies. The business partners said they decided to sell portions of the business because their children did not have an interest in taking the business over.
Most Recent
Most Recent
Comments