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New Deal


Announced

Completed

MSC Industrial completed the acquisition of KAR Industrial.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Completed

metal

Friendly

Single Bidder

Canada

Metal Fabricating

Acquisition

Private

Majority

Synopsis

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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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