National Oak Distributors (NOD) and Integrated Supply Network (ISN) have announced an agreement to merge the two businesses, a historic event in the automotive aftermarket distribution industry. The merger is expected to close within three weeks.
Impact of the merger
The merger will combine NOD's leadership in the automotive paint, body, and equipment segment, with ISN's leadership in the automotive tool and equipment segment. This marks a significant step forward in both organization's efforts to expand their reach and deliver valuable services and solutions to suppliers and customers.
ISN and NOD expect this merger to create the following:
- Enhanced capabilities: They will have access to a broader range of resources, expertise, technologies, and distribution capabilities.
- Expanded opportunities: The merger will open new growth opportunities, allowing NOD and ISN to explore new products, solutions, geographies, and sales channels.
- Shared culture of excellence: Both NOD and ISN share a commitment to customer success and have earned the respect and trust of both their customers and supplier partners.
What people are saying
Geoffrey Peckham, founder and CEO of NOD, who will serve as the CEO and chairman of the board of the merged company noted, "The combined strengths of National Oak Distributors and Integrated Supply Network will create a powerhouse in the automotive aftermarket distribution industry. This combination will enable us to leverage industry-leading teams, talent, and expertise, expand our portfolio of innovative products and supply chain solutions, enhance our geographic reach, and grow the markets that we serve with the industry-leading capabilities that National Oak Distributors and Integrated Supply Network have established in each of our 25+ years in business."
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