Lab Safety Supply acquires direct marketer

Industrial Distribution staff -- Industrial Distribution, 7/10/2008 11:22:00 AM

Lab Safety Supply Inc. acquired the assets of Highsmith Inc.

Based in Fort Atkinson, Wis., Highsmith is a direct marketer specializing in the library equipment, furniture and supplies markets. Lab Safety Supply is a subsidiary of Grainger Inc. Terms were not disclosed.

"We are pleased to be adding Highsmith to our specialty catalog group," said Larry Loizzo, president of Lab Safety Supply. "They have built a solid brand position in the library and school supplies market over the past 50 years and we intend to build upon it."

Both companies say the integration of Highsmith into Lab Safety’s operations should be completed over the next 6 months.