Ardmore, Pa.-based Hajoca Corp. entered into an agreement to acquire certain assets of Able Distributing Co., based in Wausau, Wis., and Phoenix, Ariz. Able originally was founded in Wisconsin in 1960 and operates plumbing wholesale locations and showrooms in Wausau, Appleton and Milwaukee, Wis. Today it also operates plumbing wholesale branches in Phoenix, Chandler, Tolleson, Payson and Tucson, Ariz.; a wholesale location and stand-alone showroom in Las Vegas; and a stand-alone showroom in Scottsdale, Ariz. In addition, Able Technology and Able Field Services are located in Wausau, Wis., and represent separate businesses in the supply and servicing of specialty pumps and related products to the industrial market.
Barry Libman, owner and president, will remain with the business. Able Distributing will operate as a new region for Hajoca, with Libman serving as region manager and reporting to Rick Klau, president of Hajoca. Although Hajoca already has a presence in the Arizona and Nevada markets, the wholesaler is expected to operate the Able locations independently, consistent with its decentralized culture.