Blackman Plumbing Supply announced 13 members of its management team, together with President/Chief Executive Officer Robert Mannheimer, have purchased 100% of the company from the estate and trust of Richard Blackman.
In addition to the operating company, the purchase includes all affiliated operating companies, showrooms, branches and real-estate entities in New York, New Jersey and Florida.
Mannheimer applauded today’s purchase “as a major event in our company’s 96-year history. As owners and managers of Blackman, we are now poised to implement changes that will allow us to experience exponential growth in the coming years.”