Big changes at World and Main
Under new ownership and joining with Shur-Line and Bulldog Hardware.
Nova Capital Management has merged its consumer brands, Shur-Line and Bulldog Hardware, with World and Main, LLC’s retail brands, formerly owned by Littlejohn & Co.
This merger brings the various entities together for product development, global sourcing, manufacturing, logistics, channel access, and customer support to national, regional, co-op and independent hardware channels.
World and Main, based in Cranbury, N.J., offers a combination of product development, merchandising and global sourcing across a family of brands and distributes these products to national, regional and independent hardware stores. World and Main’s owned brands include Comfort Zone portable fans and heaters, Bright-Way electrical supplies, Helping Hand housewares, PXpro paint tools, WordLock locks, and AquaPlumb faucets and repair parts.
The Shur-Line and Bulldog businesses are providers of branded and private label Do-It-Yourself, home improvement products. Shur-Line’s manufacturing knowledge will be brought to bear across World and Main’s supplier network to achieve improved quality and efficiencies. Each of these businesses has long-term customer relationships fostered through a track record of category expertise, innovation and excellent quality/value, the company said.
Mark Rostagno will serve as CEO of the combined companies.
“We are excited to have Mark Rostagno and the very strong management team he has created at Shur-Line/Bulldog for the acquisition of World and Main,” said David Williamson, founder, chairman and managing partner, Nova Capital Management. “We believe his strong operational focus will enable us to add real value to the World and Main business. Equally, we believe we are acquiring a solid business with strong, long-standing customer relationships and talented managers. It is a great combination,”
Stated Rostagno: “The merger of World and Main with the Shur-Line and Bulldog businesses will allow us to accelerate our strategic growth plans by leveraging the combined companies’ sourcing, manufacturing and logistic capabilities and broad customer reach. We look forward to providing our valued customers with an expanded product offering and innovative new products while continuing to deliver the high level of quality and service they require and have come to expect.”
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