BradyIFS Acquires YPV DistributionJanuary 16, 2023
BradyIFS has purchased YPV Distribution Inc.
BradyIFS’s acquisition of the Elk Grove Village, Illinois-based distributor expands the company’s presence in the Chicago market and the overall Midwest. Per the terms of the deal, YPV’s current leadership team of John Bouzas, Peter Bouzas, and Vaios Papandreou will continue to oversee the product and services growth of the business. Financial details of the transaction were not disclosed.
“We are pleased to welcome Peter, John, Vaios, and the entire team at YPV to BradyIFS. This is our third acquisition in the Chicago area, where annual revenues now exceed US$70 million,” said Kenneth D. Sweder, BradyIFS CEO and chairman. “We are excited to continue our aggressive expansion across the United States, and we expect additional opportunities in the Midwest and Eastern United States in 2023.”
Headquartered in Las Vegas, BradyIFS distributes cleaning products to the hospitality, office building, health care, restaurant, recreation, education, retail, industrial, and transportation industries via six operating divisions. For more information, visit www.bradyindustries.com.