Westburne acquires Kingston, Lee, Watson Co. limited.MONTREAL--(BUSINESS WIRE)--Jan. 4, 1996--WESTBURNE INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ,ME:WBI (WeB Intermediaries) A technology from IBM that provides a framework for intermediate processing between the user's browser and the Web server. WBI provides a middleware standard that can be used for password and privacy management, for transcoding from one format to ) Westburne Inc. announced today its acquisition of Kingston, Lee, Watson Co. Limited (KLW KLW Klawock, AK, USA (Airport Code) ), a distributor of electrical products operating five branches in northern Ontario, at North Bay, Timmins, Sudbury and Sault Ste-Marie. KLW should have sales of approximately $20 million for its current year ending January 31, 1996. Westburne's management is very pleased with this acquisition of a company whose management and work force are among the most respected in its markets and whose quality of customer service has long been recognized. KLW will complete the range of products and services offered by the Westburne-Ruddy and Nedco divisions in the region. Westburne is one of North America's largest integrated distributors of electrical, plumbing, heating, refrigeration, ventilation and waterworks supplies. The Company also distributes industrial and energy-related material. Headquartered in Montreal, its shares are traded on The Montreal Exchange and The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (WBI). CONTACT: Westburne Inc. Louis-Gilles Gagnon, 514/342-5181 |
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