Lehman Pipe and Supply Acquires Cole Industrial to Enhance Market Offerings
Lehman Pipe and Supply, LLC, a portfolio company of Rotunda Capital Partners, has announced the acquisition of Cole Industrial, a move that unites two leaders in industrial distribution. This partnership is poised to leverage the strengths of both companies to deliver enhanced value to customers and communities, focusing on industrial, commercial, plumbing, mechanical, and fire protection markets.
The acquisition is seen as a strategic partnership that combines Cole Industrial’s technical expertise and customer relationships with Lehman Pipe’s commercial foundation. This union promises an expanded product offering, improved inventory availability, and more customized solutions for customers, aiming to reduce project costs and increase efficiency.
Cole Industrial will continue to operate under its own name as the industrial division of Lehman Pipe, maintaining its team and the trust of its customers, now with access to broader resources and capabilities. The integration of both companies’ technologies, tools, and best practices is expected to further enhance service delivery and operational efficiency without compromising the high standards that have defined their success.
Michael Torres, Former Owner of Cole Industrial, expressed enthusiasm about the partnership, highlighting the alignment of values and the shared commitment to customer service and the trades. Josh Aberman, CEO of Lehman Pipe, welcomed the Cole team, emphasizing the partnership’s focus on growth and the continued trust of their customers.
This strategic acquisition underscores the importance of partnerships in driving growth and innovation in the industrial distribution sector. By combining their strengths, Lehman Pipe and Cole Industrial are set to offer unparalleled service and value to their customers, marking a significant step forward in their shared vision for the future.
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