E.J. Welch to Purchase Controlling Interest in T&L Distributing
Houston, TX, September 21, 2020-Tom Karol, CEO of T&L Distributing, a flooring distributors based in the Southwest, announced that a Letter of Intent has been signed for E.J. Welch Company based in St. Louis, Missouri to purchase a controlling interest in the company. The transaction is expected to be effective on September 30, 2020.
With more than 50 years in flooring and sundry distribution, E.J. Welch has a footprint that covers 14 states with 25 locations.
Founded over 40 years ago as a family business, T&L Distributing has grown to nine locations across Texas, Oklahoma, Arkansas, Louisiana, and Tennessee.