Integrated Supply Network (ISN) has announced a definitive agreement to merge with National Oak Distributors (NOD). The merger is expected to close in three weeks.
According to ISN officials, the ISN will “combine a leader in the automotive paint, body and equipment (PBE) segment, NOD, with a leader in the automotive tool and equipment segment, ISN. The combination will mark a significant step forward in a vision to expand our geographic reach, and deliver value-added services and solutions to both our suppliers and customers in everything that we do.”
A few highlights from the merger include a broader range of resources, expertise, technologies and distribution capabilities and new growth opportunities for both companies.
“The combined strengths of National Oak Distributors and Integrated Supply Network will create a powerhouse in the automotive aftermarket distribution industry,” says Geoffrey Peckham, founder and CEO of NOD and who will serve as the CEO and chairman of the board for the merged company.
“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.”
