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NewsHVAC Breaking News

Granite Group Acquires Premier Supply Group

By The ACHR NEWS Editorial Staff
Breaking News.jpg
April 30, 2024

CONCORD, N.H. — The Granite Group, supplier of HVAC, plumbing, piping, and other products, has expanded its branch network in western New England with the acquisition of Premier Supply Group, a wholesale distributor of like products with nine branch locations in Vermont, New Hampshire, and Massachusetts.

The acquisition represents a significant addition to The Granite Group’s branch network, which consisted of 57 locations before this deal closed, and reinforces the company’s commitment to expand into new markets offering a strong outlook for both customers and employees, a press release from The Granite Group said. The nine newly acquired locations can easily be serviced by The Granite Group’s central distribution facility in Londonderry, New Hampshire, which delivers to every branch every day. 

“We are thrilled to welcome all Premier Supply Group team members into The Granite Group Family,” said Bill Condron, CEO of The Granite Group. “Nothing is more important than strong customer service, and I could immediately see a very good fit between our two companies. I look forward to working together to meet the day-to-day needs of hard-working customers across the region and to having some fun while we do it.”

In the near term, Premier Supply Group and its Degrees of Comfort showroom will operate under the current brand names. Rebranding to The Granite Group and Sink & Spout, the showroom arm of The Granite Group, is expected to take place later this year. 

“As I move onto my next chapter, I could not feel more confident about my decision to leave my company in the capable hands of The Granite Group,” said David Teece, previous owner of Premier Supply Group. “Employees and customers of Premier Supply Group can expect a thoughtful transition built around a commitment to excellent service and the care of all involved.”

 

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KEYWORDS: acquisitions in the HVAC Industry distribution and HVACR HVAC industry news plumbing and HVACR distributors

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