The Collins Companies has agreed to acquire Washburn-Garfield Corporation and its subsidiary Waites Co. Washburn-Garfield supplies industrial and commercial pipe, valves and fittings in Worcester, Mass. Waites Co. distributes abrasives and cutting tools.
The acquisition expands The Collins Companies’ footprint in New England.
“This acquisition, above any other, just makes sense for both of us,” said Brian Tuohey, CEO of The Collins Companies. “We have been friends, not competitors, for the last 30+ years, and this acquisition now gives us a greater presence in a market that is adjacent to us in Central Massachusetts.”