ACHR NEWS Editorial Staff
ATLANTA — Heritage Distribution Holdings, the U.S. platform for global HVAC wholesaler Beijer Ref, has signed an agreement to acquire the assets of Webb Supply, an HVAC distributor headquartered in Cleveland that serves contractors in Northeastern Ohio and Western Pennsylvania.
Founded in 1965, Webb is a family-owned company of skilled professionals committed to providing solutions for different HVAC market segments, focused on residential replacements and commercial projects, a press release from Heritage Distribution said. Webb has strong alignment with Heritage Distribution’s key suppliers, the press release said.
Webb will continue to operate under its own brand, in both distribution and marketing. The company will become part of Heritage’s northern region, which includes Benoist Brothers Supply, NuComfort Supply, and AMSCO Supply. The existing management will roll over investment into Heritage Distribution and continue to run the business, the company said.
"We are excited about the addition of Webb Supply to the Heritage Distribution family,” said Alex Averitt, CEO of Heritage Distribution. “Our growth, fueled by strategic acquisitions, allows us to continue adding new customers and enabling more people to live healthier and more comfortable lives."