Beloit-based ABC Supply Co. buys out minority stockholders

By STAFF   Tuesday, March 12, 2013
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— ABC Supply Co. of Beloit is buying out its minority shareholders, allowing owner Dianne Hendricks total control of the company, according to a story in the Business Journal.

The minority stockholders, a Advent International, invested in ABC almost three years ago. Terms of the transaction were not released.

Diane Hendricks, owner of the 30-year-old company, is the second-richest person in Wisconsin, according to Forbes, worth $3.8 billion.

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