Haggard & Stocking, an industrial supply and services provider founded in 1972, has entered into an agreement to acquire the operations of MRO SUPPLY, a company specializing in fasteners and general industrial maintenance, repair and operations (MRO) supplies.
While the acquisition is pending at final closing, Haggard & Stocking has contracted to lease and operate MRO SUPPLY during the transition to ensure uninterrupted service.
The move allows Haggard & Stocking to integrate MRO SUPPLY’s niche offerings with its broader industrial portfolio while maintaining operational stability. Customers will retain access to MRO SUPPLY’s specialized products and expertise, and the combined resources aim to enhance communication and service levels.
“Customers will continue to receive the products and service they depend on, supported by our operational capabilities,” said Herbert Haggard, CEO of Haggard & Stocking.
Jeff Haggard, president of Haggard & Stocking, says the partnership will leverage MRO SUPPLY’s niche expertise alongside its operational experience to strengthen the company’s market position.
The terms of the acquisition, including the final closing date, were not disclosed.
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