Acquisition affords growth opportunities for both companies
Oceanside, CA, January 7, 2011
Bob Zamarripa and Mike Smith of OneSource Distributors, LLC, Oceanside, CA, announced that the company is acquiring D&D Tool and Supply of Vista, CA. D&D is a distributor of industrial, safety and tooling supplies with locations in Southern California and Tijuana, Mexico. Zamarripa is Chairman and CEO of OneSource. Smith is Chief Operating Officer.
D&D Tool and Supply will continue under the same name as a division of OneSource. Accounting and logistics operations will be consolidated while sales and service operations will continue under the leadership of Georgia Dutro. Ms. Dutro will serve as President of the D&D Industrial Supply, Safety and Tool division reporting to Mike Smith and Bob Zamarripa. Mike Blanchard will serve as Vice President of Sales and Acquisition Integration responsible for integrating the D&D Sales Team into OneSource and for coordinating joint sales activities with current OneSource Divisions. Founded in 1947 by former wing walker and stunt pilot Dollie Dutro, D&D has locations in Vista, Otay and Brea, California plus Tijuana, Mexico.
The acquisition provides attractive growth opportunities for each company. CEO Bob Zamarripa explained, “OneSource has determined that customers need strategic suppliers to offer broader product packages delivered by more sophisticated supply chain services. This enables them to concentrate on value creating activities and decrease costs in their supply chain simultaneously.
The D&D Tool acquisition gives us the ability to expand our product package and extend our value-added supply chain services while increasing logistical and back office productivity. Any time you can do all of those, it’s a great strategic fit.”
OneSource Distributors currently operates out of 3 distribution centers, has 13 sales locations in California, Arizona, Hawaii and Mexico and is the 28th largest supplier of electrical equipment and supplies in the United States, according to Electrical Wholesaling Magazine. OneSource is a leading regional distributor of electrical, automation and utility equipment and supplies to the Industrial, Commercial, Infrastructure, OEM and Utility markets with sales of $335 million in 2010.
June 9th, 2009 marked a milestone for Gary Wolcott, Mgr of Central Distribution Center Services for OneSource Distributors, Oceanside, Ca for the past 13 years. Gary started in the electrical industry in 1959 working with WW Electric Supply in Springfield Ohio as a warehouse employee then an outside sales person. He moved on to All Phase Electric in 1975 where he relocated throughout his 21 years to Louisiana, Washington and Oxnard, Ca which then brought him to OneSource. Gary and his team have been instrumental in the growth of OneSource as we celebrated our 25 years in the industry in 2008. OneSource is headquartered in Oceanside, California and has grown from a single location to thirteen locations in California, Western Arizona, Tijuana and most recently Hawaii.
For more information go to http://www.1sourcedist.com
San Diego Business Journal recently named OneSource Distributors LLC as one of the Top 100 Fastest Growing Privately Held Companies of 2008. With a 45.9% growth rate, OneSource Distributors LLC made the list at # 73. The purpose of the list is to highlight those companies that grow quickly each year, and is ranked by percent of verified revenue growth from 2005 – 2007 as compared to 2008.
For more informaiton go to http://www.sdbj.com
Southern California Edison has awarded OneSource Distributors LLC with the “Integrity and Respect Award” for our high level of Customer Support in 2008. The award is to recognize that OneSource has delivered on commitments and promises and has handled issues directly and openlyl. The award states “Your actions and words are consistent and have fostered a positive relationship”.
For more information go to http://www.1sourcedist.com/NewsAndEvents.aspx
OneSource Distributors, Oceanside, CA is pleased to announce the acquisition of certain assets of Berkley Engineering, Inc., Honolulu, Hawaii. Berkley Engineering is the authorized distributor for Rockwell Automation/Allen-Bradley for the Hawaiian Islands and American territories in the South Pacific. Berkley has been servicing the South Pacific for over 50 years providing customers with Rockwell Automation/Allen Bradley products and services. Additionally Berkley is a leading supplier of pumping related products for the municipal water/wastewater industry and industrial and institutional markets according to Berkley owner and President Christy Walsh. “OneSource brings significant resources to Berkley customers, suppliers and employees, and we are looking forward to being part of the OneSource Team.”
OneSource Distributors operates 12 sales centers and 4 distribution centers servicing California, Arizona, Baja, Ca. and now Hawaii with over 25 million dollars in inventory and annual revenues of just under $300 million. OneSource’s primary customer market segments are Industrial/MRO, Institutional/MRO, OEM, Infrastructure and Utility. OneSource has approximately 300 employees with 10 technical automation and power distribution engineers, an Assembly and Contract Manufacturing Division, a Logistical Services Group and a Project Packaging Division.
Bob Zamarripa, President and Founder of OneSource say’s, “Berkley Engineering is a good fit for both of our companies and our major suppliers. We are a leading Rockwell Automation/Allen-Bradley distributor in a number of territories and look forward to growing market share for them as well as all of our key suppliers” in the Industrial, Infrastructure, Institutional and Utility markets in Hawaii and in the American territories.
For more information about OneSource, go to http://www.1sourcedist.com or contact OneSource marketing at 800-266-8088.
For the past 6 years OneSource has participated in a yearly commitment of fulfilling each Casa child’s wishes for Christmas. This year we were able to fulfill more than 100 wishes for clothing, toys, electronics, music and more. In addition to the success of the season’s gift contributions, OneSource presented Casa with a check for $15,000 which was raised at an annual golf tournament by employees, customers and supplier partners. Casa de Amparo is a house of refuge for children ranging in ages from toddlers to teens.