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GRAINGER ANNOUNCES AGREEMENT TO DIVEST CROMWELL

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Grainger (NYSE: GWW) announced a definitive agreement to sell its U.K.-based Cromwell business to private equity firm AURELIUS as part of a plan to focus the portfolio on North America and Japan. The company previously announced the proposed closure of its Zoro U.K. business, subject to U.K. legal, regulatory and employment consultations. Grainger expects the Cromwell transaction to close in the coming months and says it will record a one-time, non-cash after-tax loss of $190 million to $205 million, mostly in Q3 2025. The deal remains subject to standard regulatory approvals.

Grainger reported 2024 revenue of $17.2 billion and serves more than 4.5 million customers globally; the actions reflect a strategic shift toward core markets and its High-Touch Solutions and Endless Assortment businesses.

Grainger (NYSE: GWW) ha annunciato un accordo definitivo per vendere il proprio business britannico Cromwell a private equity firm AURELIUS come parte di un piano per focalizzare il portafoglio su Nord America e Giappone. L'azienda aveva precedentemente annunciato la chiusura proposta della sua attività Zoro U.K., soggetta a consultazioni legali, regolamentari e occupazionali nel Regno Unito. Grainger si aspetta che la transazione Cromwell si chiuda nei prossimi mesi e afferma che registrerà una perdita una tantum, non-cash, al netto delle tasse di $190 milioni a $205 milioni, principalmente nel Q3 2025. L'accordo resta soggetto alle normali approvazioni normative.

Grainger ha riportato ricavi 2024 di $17,2 miliardi e serve oltre 4,5 milioni di clienti in tutto il mondo; le azioni riflettono una fase strategica verso mercati principali e le sue attività High-Touch Solutions e Endless Assortment.

Grainger (NYSE: GWW) anunció un acuerdo definitivo para vender su negocio en el Reino Unido, Cromwell, a la firma de capital privado AURELIUS como parte de un plan para enfocar la cartera en Norteamérica y Japón. La empresa ya había anunciado la cierre propuesto de su negocio Zoro U.K., sujeto a consultas legales, regulatorias y de empleo del Reino Unido. Grainger espera que la transacción Cromwell se cierre en los próximos meses y dice que registrará una pérdida única, no en efectivo, después de impuestos de $190 millones a $205 millones, principalmente en el 2025 T3 (tercera trimestre). El acuerdo sigue sujeto a las aprobaciones regulatorias habituales.

Grainger reportó ingresos de 2024 de $17.2 mil millones y atiende a más de 4.5 millones de clientes a nivel mundial; las acciones reflejan un cambio estratégico hacia mercados principales y sus negocios High-Touch Solutions y Endless Assortment.

Grainger (NYSE: GWW)는 포트폴리오를 북미와 일본에 집중하기 위한 계획의 일환으로 영국에 본사를 둔 Cromwell 사업을 사모펀드 업체 AURELIUS에 매각하기 위한 확정 계약을 발표했습니다. 회사는 이전에 법적, 규제 및 고용 관련 협의의 대상이 되는 Zoro U.K. 사업의 닫기를 발표했습니다. Grainger는 Cromwell 거래가 향후 몇 달 안에 종료될 것으로 예상하며 주로 Q3 2025$190 million에서 $205 million의 1회성 비현금세후 손실을 기록할 것이라고 말합니다. 거래는 여전히 일반 규제 승인 대상입니다.

Grainger는 2024년 매출을 $17.2십억로 보고했고 전 세계적으로 450만 명이 넘는 고객에게 서비스를 제공합니다; 이러한 조치들은 핵심 시장과 High-Touch Solutions 및 Endless Assortment 사업으로의 전략적 전환을 반영합니다.

Grainger (NYSE: GWW) a annoncé un accord définitif pour vendre son activité basée au Royaume-Uni Cromwell à la société de capital-investissement AURELIUS dans le cadre d'un plan visant à concentrer le portefeuille sur l’Amérique du Nord et le Japon. La société avait précédemment annoncé la fermeture proposée de son activité Zoro U.K., sous réserve de consultations juridiques, réglementaires et d'emploi au Royaume-Uni. Grainger s'attend à ce que la transaction Cromwell soit clôturée dans les mois à venir et indique qu'elle enregistrera une perte unique, non monétaire après impôt, comprise entre $190 millions et $205 millions, principalement au T3 2025. L'accord reste soumis aux approbations réglementaires habituelles.

Grainger a affiché un chiffre d'affaires 2024 de $17,2 milliards et sert plus de 4,5 millions de clients dans le monde; ces mesures reflètent une réorientation stratégique vers les marchés clés et ses activités High-Touch Solutions et Endless Assortment.

Grainger (NYSE: GWW) kündigte eine endgültige Vereinbarung zum Verkauf seines im Vereinigten Königreich ansässigen Geschäfts Cromwell an den Private-Equity-Fonds AURELIUS an, als Teil eines Plans, das Portfolio auf Nordamerika und Japan zu fokussieren. Das Unternehmen hatte zuvor die mögliche Schließung seines Geschäfts Zoro U.K. angekündigt, vorbehaltlich rechtlicher, regulatorischer und arbeitsrechtlicher Konsultationen im Vereinigten Königreich. Grainger rechnet damit, dass die Cromwell-Transaktion in den kommenden Monaten abgeschlossen wird, und erklärt, dass es einen einmaligen, nicht zahlungswirksamen nachsteuerlichen Verlust von $190 Millionen bis $205 Millionen verbuchen werde, hauptsächlich im 3. Quartal 2025. Der Deal ist weiterhin von typischen behördlichen Genehmigungen abhängig.

Grainger meldete 2024 Umsätze von $17,2 Milliarden und bedient weltweit mehr als 4,5 Millionen Kunden; die Maßnahmen spiegeln eine strategische Verschiebung hin zu Kernmärkten und den Geschäftsfeldern High-Touch Solutions und Endless Assortment wider.

Grainger (NYSE: GWW) أعلن عن اتفاق نهائي لبيع نشاطه في المملكة المتحدة Cromwell إلى شركة رأس المال الخاص AURELIUS كجزء من خطة للتركيز على أمريكا الشمالية واليابان. وكانت الشركة قد أعلنت سابقاً عن الإغلاق المقترح لنشاطها Zoro U.K.، وفقاً للمشاورات القانونية والتنظيمية والتوظيف في المملكة المتحدة. تتوقع Grainger أن تُغلق صفقة Cromwell في الأشهر المقبلة وتذكر أنها ستسجل خسارة واحدة، غير نقدية بعد الضرائب، تتراوح بين $190 مليون إلى $205 مليون، معظمها في الربع الثالث من 2025. الصفقة لا تزال تخضع للموافقات التنظيمية المعتادة.

أبلغت Grainger عن إيرادات 2024 تبلغ $17.2 مليار وتخدم أكثر من 4.5 مليون عميل عالمياً؛ الإجراءات تعكس تحولاً استراتيجياً نحو الأسواق الأساسية وأعمالها High-Touch Solutions وEndless Assortment.

Grainger (NYSE: GWW) 宣布了一项 definitive 协议,出售其在英国的 Cromwell 业务给私募股权公司 AURELIUS,作为将投资组合聚焦于 北美和日本 的计划的一部分。公司此前宣布在英国就 Zoro U.K. 业务关闭的提议,需遵循英国的法律、监管及雇佣协商。Grainger 预计 Cromwell 交易将在未来几个月内完成,表示将记录一项一次性、非现金的税后损失,范围为 $190 million to $205 million,主要发生在 2025 年第3季度。交易仍须遵循标准的监管批准。

Grainger 报告 2024 年收入为 $17.2 billion,全球服务超过 450 万客户;这些行动反映了向核心市场及其 High-Touch Solutions 与 Endless Assortment 业务的战略转变。

Positive
  • Definitive agreement reached to sell Cromwell to AURELIUS
  • Strategic focus on North America and Japan markets
Negative
  • One-time non-cash after-tax loss of $190M–$205M
  • Majority of loss expected to be recorded in Q3 2025
  • Proposed closure of Zoro U.K. subject to legal and employment consultations

Insights

Divestiture narrows geographic focus to North America and Japan while exiting the U.K.

Grainger will sell its U.K. Cromwell business to AURELIUS and has proposed closing Zoro U.K., concentrating operations on North America and Japan.

The move reduces geographic scope and simplifies the operating footprint but creates near-term disruption in the U.K. market and dependency on performance in remaining regions.

Watch the transaction close timing in the coming months and any regulatory conditions; expect integration or wind-down milestones through Q4 2025 into early 2026.

One-time after-tax exit charge of $190 million$205 million will hit Q3 2025 results.

The company will record a non-cash after-tax loss, largely in the third quarter of 2025, to reflect the planned U.K. exit; the charge is explicitly quantified as $190 million to $205 million.

Monitor the actual reported charge in Q3 2025, disclosure of any cash proceeds from the sale, and any ongoing restructuring or employment costs tied to the Zoro U.K. closure over the next few quarters.

Company plans to focus its portfolio on North America and Japan

CHICAGO, Oct. 17, 2025 /PRNewswire/ -- Grainger (NYSE: GWW), a leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced it has entered into a definitive agreement to sell its U.K.-based Cromwell business to AURELIUS, a global private equity investor, distinguished and widely recognized for its operational approach. In September, Grainger also announced the proposed closure of its Zoro U.K. business, subject to the outcome of required legal, regulatory and employment consultation processes in the United Kingdom.

"Over the past decade we've made a concerted effort to focus our portfolio on the geographies where we can deliver the greatest long-term impact. With this, we've altered our assumptions about our future potential in this region," said D.G. Macpherson, Chairman and CEO, Grainger. "We remain committed to creating value for our customers and driving profitable growth through our High-Touch Solutions model in North America and our Endless Assortment businesses in the United States and Japan." 

To account for this event, Grainger will record a one-time, non-cash after-tax loss related to the planned exit of the U.K. market in the range of $190 million to $205 million, the vast majority of which will be recorded in the third quarter of 2025. The transaction is subject to the standard regulatory approvals. This deal is expected to close in the coming months.

About Grainger

W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with maintenance, repair and operating (MRO) products and value-added solutions delivered through innovative technology and deep customer expertise. Known for its commitment to service and purpose-driven culture, the Company reported 2024 revenue of $17.2 billion. For more information, visit www.grainger.com.

Cision View original content:https://www.prnewswire.com/news-releases/grainger-announces-agreement-to-divest-cromwell-302586884.html

SOURCE W.W. Grainger, Inc.

FAQ

What did Grainger (GWW) announce on October 17, 2025 about Cromwell?

Grainger announced a definitive agreement to sell its U.K.-based Cromwell business to AURELIUS.

How much is the one-time after-tax loss Grainger (GWW) will record from exiting the U.K.?

Grainger said it will record a one-time, non-cash after-tax loss of $190 million to $205 million.

When will Grainger (GWW) record the bulk of the U.K. exit loss?

The company expects the vast majority of the loss to be recorded in Q3 2025.

Is the Cromwell sale to AURELIUS final and when will it close for Grainger (GWW)?

Grainger entered a definitive agreement; the transaction is subject to standard regulatory approvals and is expected to close in the coming months.

What other U.K. action did Grainger (GWW) announce in September 2025?

Grainger announced the proposed closure of its Zoro U.K. business, subject to required U.K. consultations.

How does the Cromwell divestiture affect Grainger's strategy and where will it focus?

Grainger said the move aligns with a portfolio focus on North America and Japan and its High-Touch Solutions and Endless Assortment businesses.
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