Watsco To Acquire East Coast Metal Distributors Inc.
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.