Grainger to Sell U.K.-Based Cromwell Business to AURELIUS, Exiting U.K. Market
Reuters
Oct 17
Grainger to Sell U.<a href="https://laohu8.com/S/TKKD.SI">K</a>.-Based Cromwell Business to AURELIUS, Exiting U.K. Market
W.W. Grainger Inc. has entered into a definitive agreement to sell its U.K.-based Cromwell business to AURELIUS, a global private equity investor known for its operational approach. The company also recently announced the proposed closure of its Zoro U.K. business. According to Grainger Chairman and CEO D.G. Macpherson, these moves reflect a strategic decision to focus the company's portfolio on North America and Japan, where it sees the greatest long-term potential. Grainger will record a one-time, non-cash after-tax loss of $190 million to $205 million related to its planned exit from the U.K. market, with most of the loss to be recognized in the third quarter of 2025. The sale is expected to close in the coming months, pending customary approvals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. W.W. Grainger Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG99228) on October 17, 2025, and is solely responsible for the information contained therein.
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