BlackHawk Industrial, a market-leading distributor of metalworking and other critical industrial products, announced Thursday that it has once again executed its growth strategy and completed the acquisition of LA Tool & Supply Co. of Akron, Ohio.
This is BlackHawk’s third acquisition in Ohio in less than a year. Financial terms of the transaction were not disclosed.
BlackHawk has accelerated its acquisition activity in recent years and strengthened its capabilities by aggressively expanding to reach more customers across the country and globally. The company is different from other distributors, and it shows. Today’s deal is part of a flurry of acquisition activity that BlackHawk has planned to expand into new categories and increase its product assortment to better serve customers.
“Our number one priority is to save our customers money and be a catalyst for their success,” said John Mark, President and CEO of BlackHawk Industrial. “With LA Tool’s team of experts and our own, we can offer new and comprehensive services like never before. We look forward to sharing our value proposition with the Akron and Cleveland metro area and with all of our customers around the world. Having the talented people at LA Tool join BlackHawk and contribute to our continued success and growth is extremely exciting.
BlackHawk intends to create additional value for industrial manufacturers by expanding into new geographic markets to reach more of its production facilities; expand its product offering to provide new products and services that end users value; and invest in sales channels that improve the efficiency of its technical-commercial resources. Today’s acquisition is just one part of BlackHawk’s growth strategy to create the only truly “big enough to serve, small enough to care” distributor.
BlackHawk stands out as the number one choice for industrial manufacturers who need technical service and production savings. Recognized as the partner “throughout production,” the company delivers value through product and supply chain performance that lowers the total cost of production. BlackHawk is an industrial distributor with operations in the United States, Mexico, United Kingdom and the Philippines.
As it plans to continue its expansion in the months and years to come, BlackHawk Industrial is actively seeking opportunities to acquire new partners and integrate them into its industry-leading operating system. Interested parties should contact the acquisitions team at [email protected]
BlackHawk Industrial is a leading industrial distributor carrying over 2.5 million products from the industry’s leading brands, with a particular focus on metalworking products such as carbide cutting tools, abrasives and the saw blades. The company provides a full range of MRO, industrial fasteners and packaging products. BlackHawk has the expertise and capability to provide custom industrial distribution solutions and creative design, build and supply chain solutions. Highly technical sales staff strive to provide world-class service and cost savings throughout customer production.