06:56 AM EDT, 10/17/2025 (MT Newswires) -- Grainger (GWW) said Friday it has entered into a definitive agreement to sell its UK-based Cromwell business to a private equity fund AURELIUS.
The company did not disclose the transaction value.
Grainger had acquired Cromwell, a distributor of maintenance tools, during Sept. 2015.
This recent announcement succeeds its earlier move during September in which it proposed closure of its Zoro UK business.
Grainger added it will record a one-time, non-cash after-tax loss related to the planned exit of the UK market in the range of $190 million to $205 million, the vast majority of which will be recorded in the third quarter of 2025.
The transaction is expected to close in the coming months, it said.