GRAINGER ANNOUNCES AGREEMENT TO DIVEST CROMWELL

Core Insights - Grainger has entered into a definitive agreement to sell its U.K.-based Cromwell business to AURELIUS, a global private equity investor, as part of its strategy to focus on North America and Japan [1][2] - The company plans to close its Zoro U.K. business, pending legal and regulatory consultations [1] - Grainger anticipates a one-time, non-cash after-tax loss of $190 million to $205 million related to the exit from the U.K. market, primarily recorded in Q3 2025 [2] Company Strategy - Grainger aims to concentrate its portfolio on regions where it can achieve the greatest long-term impact, specifically North America and Japan [2] - The company is committed to driving profitable growth through its High-Touch Solutions model in North America and Endless Assortment businesses in the U.S. and Japan [2] Financial Performance - Grainger reported 2024 revenue of $17.2 billion, serving over 4.5 million customers worldwide with MRO products [3]