Newsline

Watsco To Acquire East Coast Metal Distributors Inc.

December 22, 2004
/ Print / Reprints /
ShareMore
/ Text Size+
MIAMI - Watsco Inc. has executed a definitive purchase agreement to acquire East Coast Metal Distributors Inc. The transaction is expected to close within 30 days.

Founded in 1954, East Coast is based in Durham, N.C., and operates from 27 locations, including 24 wholesale and three commercial manufacturer representative locations, serving more than 3,500 air conditioning and heating contractors throughout North Carolina, South Carolina, Georgia, Virginia, and Tennessee. East Coast has 386 employees and distributes a full line of air conditioning and heating equipment and related parts and supplies consisting of approximately 10,000 SKUs to the new construction and replacement markets.

Albert Nahmad, Watsco's chairman and CEO, commented: "We are very pleased to welcome East Coast's employees to the Watsco family. We recognize that East Coast's success over the years is based on the strong relationships this fine organization has built with HVAC contractors who want the very best service and a broad range of products available at convenient locations. East Coast will operate as a subsidiary of Watsco under its present name and superb management team, and Watsco will provide resources where needed to assist with East Coast's growth plans."

Publication date: 12/27/2004

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

ACHRNEWS

NEWS 04-21-14 cover

2014 April 21

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con