Announced

Ficodis Group acquires Blue Point.

Synopsis

Ficodis Group, a multi-specialized industrial supply distribution group acquires Blue Point Tool and Supply, an industrial supply company specializing in the metal industry. Financial terms were not disclosed. With this acquisition, Ficodis aims to enter the US market. “We are pleased to welcome Blue Point Tool and Supply to the group affirmed Ficodis Group President Christophe Bévillard. Blue Point Tool Supply has a well-established reputation, a knowledgeable sales team, quality products at competitive prices, and superior customer service. Since the creation of Ficodis in 2010, we have made very valuable acquisitions that have allowed us to diversify our range of industrial products and expertise, as well as expand our client base. Blue Point and its team represent another valuable asset added to the group.”

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