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BtoB

Grainger establishes joint venture in Colombia

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Chicago—Continuing its international expansion, Grainger announced Monday it has formed a joint venture in Colombia with an affiliate of Torhefe, THF International SAS. Grainger owns 80% of the joint venture, which will be known as Grainger Colombia.

Torhefe, a supplier of maintenance, repair and operations supplies, had 2009 sales of $23 million, Grainger said. Financial terms of the deal were not disclosed.

In addition to Colombia, Grainger has operations in Mexico, Panama, Puerto Rico and Trinidad.

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