Announced
Completed
Financials
Tags
Cross Border
Completed
metal
Friendly
Single Bidder
Canada
Metal Fabricating
Acquisition
Private
Majority
Synopsis
MSC Industrial, a premier distributor of metalworking and maintenance, repair and operations products, completed the acquisition of KAR Industrial, a metalworking distributor supplying measuring and cutting tools. Financial terms were not disclosed. "The addition of KAR Industrial expands our metalworking footprint in Canada. Their expertise in metalworking and industrial distribution aligns well with our commitment to helping customers solve their mission-critical challenges and improve the productivity of their operations," Erik Gershwind, MSC President and CEO.
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