Sherrill Inc., a Greensboro, NC-based arborist and climbing gear company, on Tuesday announced the acquisition of Biddeford, ME-based life safety rope manufacturer Sterling Rope Company Inc. Financial terms of the deal weren’t disclosed.
The acquisition will further vertically integrate the Sherrill manufacturing and distribution model within the work and recreational climbing industries, while providing customers with the best and most innovative life safety products available. There are no plans to change the day-to-day operation of Sterling and the company will stay in Biddeford.
“We have such high respect for the Sterling brand and products. We are 100% committed to grow, build and invest further in Sterling in the coming years at their Biddeford, Maine facility, and continue to innovate in this important category,” remarked Tripp Wyckoff, Sherrill’s CEO and president.
“If we could pick the perfect company to be acquired by, it would be Sherrill. Our markets are very complementary and only good things can come from working more closely together on sales, product distribution, innovation and business efficiencies,” added Carolyn Brodsky, Sterling’s CEO and Founder.
Sherrill currently distributes Sterling Rope products through their distribution business, SHERRILLtree.com and Treestuff.com.
Sterling is an industry leading rope manufacturer who has been supplying climbers, climbing gyms, arborists, search and rescue personnel, fire departments, industrial safety and the military for over 25 years with innovative gear to help their customers confront challenging environments. Sterling products are made in the USA.
Photo courtesy Sterling Rope