MSC Industrial Supply Co. (NYSE: MSM), Melville, N.Y., a distributor of metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, has acquired KAR Industrial Inc., a metalworking distributor supplying measuring and cutting tools, machine tool accessories and other manufacturing related supplies across Canada.
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KAR will continue to operate under its current names, including its Duramill and Omnitool divisions, as an MSC company. Ward Meek, president of KAR, will continue to manage the daily operations.
KAR operates three facilities in Mississauga, Montreal and Edmonton. It had estimated revenues of $16 million in 2023 and has 45 associates across Canada.
MSC plans to build on KAR’s metalworking technical expertise, knowledge of the Canadian market and value-added services by offering KAR’s customers access to MSC’s 2.4 million-plus product portfolio to support their full metalworking and MRO needs, as well as by providing an ecommerce sales channel through mscdirect.com.
