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AD to Acquire supplyForce in Latest Buying Group Expansion
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AD to Acquire supplyForce in Latest Buying Group Expansion
Industrial and contractor supplies buying group AD announced July 8 that it has reached an agreement to acquire supplyFORCE — a buying group that helps independent distributors secure and jointly service large MRO and government contracts. Wayne, PA-based AD said its board and supplyFORCE’s board have signed an exclusive letter of intent for the transaction, which is subject to approval from supplyFORCE shareholders and AD’s board of directors. …
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