Network Services Company Closes Deal with Strategic Market Alliance
Becomes Largest Member-Owned Distribution Organization
SCHAUMBURG, IL, Jan. 8, 2020 Network Services Company ("Network") announces the completion of their landmark deal with Strategic Market Alliance (“SMA”) to combine the two companies. The transaction closed Dec. 31, and creates the largest member-owned global distribution organization to provide supply chain solutions to the janitorial, sanitation, foodservice and packaging industries. "Local representation and support from our distributors is our special sauce, our lifeblood, that allows us to deliver true value in the supply chain," said Alan Tomblin, President and CEO of Network. "When we talk to customers, their challenge is clear. Today's purchasing professionals need a supply partner that's easy to do business with and provides unparalleled service across their footprint. Joining forces as a single distribution entity extends our competitive advantage to an even broader range of organizations. Expanding the reach of our formula for success will drive stronger results for customers, member distributors, and supplier partners.” The company will generate over $20 billion in revenue with over 130 distributor members and more than 900 locations in 52 countries. Operating as Network Services Company the organization is headquartered in Schaumburg, IL. Network will continue to be led by Tomblin. About Network Services Company Founded in 1968, Network Services Company is a leading global B2B distributor providing a wide range of janitorial, sanitation, print, foodservice, packaging products and supply chain programs for specialized markets including healthcare, hospitality, packaging, foodservice, grocery, and commercial real estate. With more than 900 distribution centers and a collective 33,000 employees in more than 52 countries and territories, Network's customers include corporate, mid-sized and large companies. For information about Network, visit http://www.networkdistribution.com.
Network Services and Strategic Market Alliance Combine
Creates Largest Global Member-Owned Distribution Organization
Network Services Company
Nov 19, 2019, 11:00 ET
SCHAUMBURG, Ill. and CHARLOTTE, N.C., Nov. 19, 2019 /PRNewswire/ -- Network Services Company ("Network") and Strategic Market Alliance ("SMA"), leading providers of supply chain solutions in the janitorial, sanitation, foodservice and packaging industries, today announced the combination of the two companies, creating a global member-owned distribution organization.
The combined company will have over $22 billion in revenue with over 130 distributor members and over 900 locations in 50 countries.
SMA's value-based approach to supply chain solutions is uniquely aligned with Network's existing corporate goals and business practices. "Local distribution is critical to our success," said Alan Tomblin, President and CEO of Network. "This enables us to do more for our national and multi-national corporate account customers who require a centralized approach to their business but also seek customized local service."
"In a short period of time, with the support of 57 prominent distributor organizations in the US and Canada, SMA created a legacy built on enhancing the well-being, prosperity and growth of its trading partners and associates," said Richard McGann, President and Chief Executive Officer of SMA. "This, in the end, aligns well with the goals and aspirations of Network, the preeminent category leader, and makes the merger of two well-established like-minded organizations exciting and full of even greater opportunity to serve."
"This is an opportunity to maximize value for our customers, members and suppliers," said David Wax, Executive Vice President at Waxie Sanitary Supply and Chairman, Network Board of Directors. "Our organizations share the same competitive advantage of unparalleled customer service at the local level and that will fuel our future growth."