Looking to expand its presence in the Florida market, flooring distributor J.J. Haines & Co. has purchased distributor Wheeler Inc. of Orlando. A leading company in the area, the 32-year-old Wheeler posts annual sales of approximately $50 million and has a dedicated staff of more than 70 professionals, according to the company. Haines, founded in 1874, brings in approximately $350 million in gross shipping volume annually and has more than 400 employees.
Bruce Zwicker, president and CEO of
Haines, said the two companies are a good match. “Wheeler’s customer focus and
care for their people make their culture very compatible with ours,” he said.
“Plus, their fast growth in an attractive market is very appealing. We are very
pleased that Wheeler is joining the Haines family.”
Scott Wheeler, president of Wheeler,
added, “We are excited about the opportunities and capabilities that a leading
company like Haines can provide. In partnership with Haines, we can accelerate
our growth in the Florida market and provide even greater service to our
Plans call for Wheeler to keep its
name and operate as a division of Haines. Additionally, the company will keep
its staff including Wheeler and Bonnie Davis, vp and COO of the new division,
according to Haines.
Davis said the partnership will
provide new opportunities for both companies. “There are many ways we can help
each other,” she said. “We can teach Haines about how to grow in Florida and we
can benefit from their expertise in areas such as logistics, information
technology, human resources and other programs for our customers and our
Wheeler operates a 120,000 sq.
ft. warehouse in Orlando as well as a customer call center. The company carries
a full product line including wood, vinyl and laminate flooring. Haines, which
covers a wide swath of territories from Pennsylvania through South Carolina,
operates six distributor centers with a total 400,000 sq. ft. of warehouse space.
Haines buys Wheeler; Fla. distributor now a separate division
August 31, 2007