PT Holdings completed the acquisition of K&D Factory Service and Pine Tree Food Equipment.

PT Holdings, a distributor of original equipment manufacturer repair and maintenance parts, completed the acquisition of two providers of repair services K&D Factory Service and Pine Tree Food Equipment. Financial terms were not disclosed. "K&D Factory Service and Pine Tree Food Equipment have everything we look for in a business: strong OEM parts distribution, manufacturer relationships, a great brand and innovative leadership. We have been working with Dan and the K&D Factory Service and Pine Tree Food Equipment teams for a very long time and are excited to support the continued efforts of these great local brands,” Dave Wenger, PT Holdings President.