The Granite Group purchases Cunningham Supply
Concord, N.H.-based The Granite Group — Plumbing & Mechanical’s 2013 Supply House of the Year, has finalized the acquisition of Connecticut-based Cunningham Supply. Terms of the agreement were not disclosed.
With locations in West Hartford, Conn., and Old Saybrook, Conn., Cunningham Supply is a third-generation, family-owned and -operated wholesaler of plumbing and heating supplies with roots dating back to 1948. Effective immediately, the Cunningham branches and showrooms in both West Hartford and Old Saybrook will operate under The Granite Group umbrella.
“As part of our continuing commitment to expansion throughout New England, we are always looking for the right opportunities to get our world-class products, distribution capabilities, people and service to as many customers possible,” said Bill Condron, The Granite Group’s president and CEO. “Bringing Cunningham Supply into The Granite Group family helps us achieve that goal on many levels. Like The Granite Group, Cunningham Supply is an extremely well-respected company that makes taking care of their customers and the people servicing them their No. 1 priority. This alignment of core values was truly the centerpiece of putting this deal together.”
Kevin Cunningham, Cunningham Supply president, said: “These types of deals only work if the timing, people, products, cultures and values are in sync and in this case, the synergy is terrific! We are extremely proud of what our team and family has built over the past 67 years and we are now looking forward to being a part of The Granite Group.”