Shepherd Hardware to Acquire Parker & Bailey

Shepherd Hardware, a leading provider of hardware solutions for residential and commercial applications, is pleased to announce the signing of a definitive agreement to acquire Parker & Bailey, a reputable manufacturer of specialty household cleaners, premium woodcare products, and other furniture care accessories.

Parker & Bailey has a rich history stretching back to 1879, when it started as a modest business in Maine and has since grown to become an acknowledged industry leader.

Parker & Bailey, owned and operated by brothers Bill and Andrew Schultz since 2008, is dedicated to innovative and exceptional surface care products, which complements Shepherd Hardware’s objective.

“At Shepherd Hardware, we are committed to providing our customers with high quality products and services,”Shepherd Hardware’s general manager, Ken Buffinga, said.

“The acquisition of Parker & Bailey is an opportunity to complement, expand and enhance our offerings and deliver greater value to existing and new customers. We are pleased to welcome Parker & Bailey into the Shepherd Hardware family.

“We are excited to join forces with Shepherd Hardware,” said Parker & Bailey co-owner Andrew Schultz.

“This partnership represents a natural progression for our company, allowing us to leverage Shepherd Hardware’s resources and distribution network to reach new heights. Together, we will continue to uphold our tradition of delivering superior home care solutions.”

“At Parker & Bailey, we take pride in our ability to operate as a lean and agile company while delivering the level of service expected from a larger enterprise,” Bill Schultz, co-owner of Parker & Bailey continued.

“Our commitment to excellence, coupled with Shepherd Hardware’s support, positions us for continued success in the years to come.”

Shepherd Hardware, a subsidiary of Colson Group, the global leader in caster and wheel solutions, is well-positioned to leverage its global footprint and large distribution network to drive continuous growth for Parker & Bailey products and brands.

The acquisition is consistent with Shepherd Hardware’s strategic aim of growing its market reach while providing great products and services to customers worldwide.