THE GRANITE GROUP EXPANDS ITS FOOTPRINT WITH STRATEGIC ACQUISITION OF PREMIER SUPPLY GROUP
April 26 2024 - 10:29AM
The Granite Group, a leading northeast supplier of plumbing,
heating, cooling, piping, water systems, and energy products, has
expanded its branch network in western New England with the
acquisition of Premier Supply Group, a wholesale distributor of
like products with nine branch locations in Vermont, New
Hampshire and Massachusetts.
The acquisition represents a significant addition to The Granite
Group’s branch network, which consisted of 57 locations before this
deal closed, and reinforces the company’s commitment to expand into
new markets offering a strong outlook for both customers and
employees. The nine newly acquired locations can easily be serviced
by The Granite Group’s central distribution facility in
Londonderry, NH which delivers to every branch every day, a
hallmark of the company’s service.
“We are thrilled to welcome all Premier Supply Group team
members into The Granite Group Family,” said Bill Condron, CEO of
The Granite Group. “Nothing is more important than strong customer
service, and I could immediately see a very good fit
between our two companies. I look forward to working together to
meet the day-to-day needs of hard-working customers across the
region and to having some fun while we do it.”
In the near term, Premier Supply Group and its Degrees of
Comfort showroom will operate under the current brand names.
Rebranding to The Granite Group and Sink & Spout, the showroom
arm of The Granite Group, is expected to take place later this
year.
“As I move onto my next chapter, I could not feel more confident
about my decision to leave my company in the capable hands of The
Granite Group,” said David Teece, previous owner of Premier Supply
Group. “Employees and customers of Premier Supply Group can expect
a thoughtful transition built around a commitment to excellent
service and the care of all involved.”
About The Granite Group
Headquartered in Concord, NH, The Granite Group distributes
plumbing, heating, cooling, piping, water systems, and energy
products to contractors and fuel dealers across New England through
66 wholesale branches (including newly acquired Premier Supply
Group) and a best-in-class online store. The company also operates
16 retail showrooms under the Sink & Spout name, offering an
expertly trained staff and an extensive array of bath, kitchen, and
lighting products. Founded in 1971 in Worcester, MA, The Granite
Group celebrated its 50th anniversary in 2021 alongside the
exceptional people who have driven its success. Of all the
recognition The Granite Group has received as a business, the
workplace awards are the ones for which the company is most proud.
For more information, visit thegranitegroup.com.
About Premier Supply Group
Premier Supply Group is a 50-year-old distributor of
plumbing, heating and cooling supplies with nine branch
locations and one decorative plumbing showroom across
Vermont, New Hampshire and Massachusetts.
- The Granite Group Acquires Premier Supply Group
Brad Dupuis
The Granite Group
(603) 545-3335
bdupuis@thegranitegroup.com