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Stock impact report

Distribution Solutions Group's Operating Company, Lawson Products, Executes a Strategic Acquisition of S&S Automotive [Yahoo! Finance]

Distribution Solutions Group, Inc. (DSGR) 
Company Research Source: Yahoo! Finance
Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company") , a premier specialty distribution company, today announced that its operating company, Lawson Products, Inc. ("Lawson"), completed the acquisition of S&S Automotive, Inc. ("S&S"), a leading automotive and industrial parts supplier based near Chicago in Woodridge, IL. Lawson Products has an automotive-focused division, Kent Automotive, which distributes automotive and industrial class C-parts to auto dealerships and collision repair centers throughout North America. "Similar to Lawson's Kent Automotive business, S&S Automotive is an industry-leading distributor in the automotive dealership market," said Cesar Lanuza, President & Chief Executive Officer of Lawson Products. "We're very excited to announce this acquisition that leverages the best of both companies. On a combined basis, S&S and Kent Automotive will enhance our ability to serve customers with auto-related supplies and tools, as well as vendor-managed inventory (VMI) serv Show less Read more
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