NEFCO Acquires Blume Supply Inc.
HARTFORD, Conn. — The NEFCO Corp., a distributor of construction and industrial supplies, acquired Blume Supply Inc., a STAFDA specialty construction and industrial supply distributor servicing the greater Charlotte, North Carolina, market.
“As a family business, we try to find acquisition opportunities that align with our core values and close-knit culture,” said David Gelles, president, NEFCO Corp. “Blume Supply meets that criteria perfectly. As a highly respected family business in the heart of Charlotte, Blume Supply provides a tremendous springboard for NEFCO in one the largest construction markets in the Southeast.
“We are thrilled to have the Blume Supply family join us at NEFCO,” continued Gelles. “We look forward to bringing our product-breadth, expertise, and service capabilities to the mechanical, electrical, plumbing, and HVAC contractors in Charlotte.”
With the addition of Blume Supply Inc., NEFCO will now have 11 strategically located distribution centers up and down the east coast.
Since 1974, Blume Supply has focused on servicing contractors in the commercial and residential construction industry.
“This is just what Charlotte needs with the growth we’re experiencing right now, we’re really looking forward to this new partnership,” said Steve Blume, second-generation president, Blume Supply. “To join forces with NEFCO is a perfect opportunity for our team. This combination will turbocharge our business and improve our capacity to support our current customers and many more to come.”
For more information, visit www.nefcocorp.com.