MSC Industrial Supply Co., (NYSE: MSM), a national distributor of metalworking and maintenance, repair and operations supplies, has acquired ApTex Inc. and Premier Tool Grinding Inc. The two companies had estimated revenues of over $20 million in 2023.
Don’t miss any content from Distribution Strategy Group. Join our list.
MSC President and CEO Erik Gershwind said: “ApTex will strengthen our position to gain share in the surrounding Wisconsin area by combining ApTex’s deep technical expertise with MSC’s best-in-class metalworking offering. Additionally, Premier Tool Grinding will bolster MSC’s specialty tooling and regrinding service offering that was recently enhanced through the acquisition of Tru-Edge and expands our reach to western parts of the U.S.”
MSC Industrial Supply Co. has 7,000 associates and offers more than 2.4 million products, as well as inventory management and supply chain solutions to customers. MSC had sales of $4 billion in fiscal 2023.
