MSC completes acquisitions of ApTex, Inc. and Premier Tool Grinding, Inc. to strengthen regional presence and value proposition
Acquiring Company
MSC Industrial Direct
Acquired Company
ApTex
MelvilleWaukeshaPheonixManufacturingManufacturingPrecious MetalsMachinery ManufacturingAccountingDescription
MSC Industrial Supply Co. has announced the acquisitions of ApTex, Inc. and Premier Tool Grinding, Inc. These acquisitions will strengthen MSC's position in the surrounding Wisconsin area and bolster its specialty tooling and regrinding service offering. Both companies are expected to continue operating under their current names as MSC companies.
Quick answer
MSC Industrial Direct is acquiring ApTex and Premier Tool Grinding, announced June 25, 2024. MSC Industrial Direct is based in Melville, New York, United States.
- How much did MSC Industrial Direct pay for ApTex?
- The deal value was not disclosed.
- What does MSC Industrial Direct do?
- MSC Industrial Direct Co., Inc. is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products and services.
- Where are MSC Industrial Direct and ApTex based?
- MSC Industrial Direct is based in Melville, New York, United States. ApTex is based in Waukesha, Wisconsin, United States.
- Who are the decision-makers at MSC Industrial Direct?
- Fundz holds 1 contact at MSC Industrial Direct. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Charter Manufacturing acquires Niles Iron & Metal Company to strengthen metals industry presence (July 30, 2024)
- Revelation Pharma expands with acquisitions of Taylors Pharmacy and Key Compounding (July 9, 2024)
Who to call at MSC Industrial Direct, and when
When MSC Industrial Direct changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day MSC Industrial Direct raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MSC Industrial Direct, from your own LinkedIn network
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Frequently asked
Who acquired ApTex?
ApTex was acquired by MSC Industrial Direct, based in Melville. The deal was reported on June 25, 2024. MSC Industrial Direct Co., Inc. is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products and services. MSC Industrial Direct is publicly traded (MSM) and operates in Manufacturing.
When did MSC Industrial Direct acquire ApTex?
MSC Industrial Direct's acquisition of ApTex was reported on June 25, 2024. MSC Industrial Supply Co. has announced the acquisitions of ApTex, Inc. and Premier Tool Grinding, Inc. These acquisitions will strengthen MSC's position in the surrounding Wisconsin area and bolster its specialty tooling and regrinding service offering. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ApTex do?
ApTex, based in Waukesha, Wisconsin, is a production-oriented industrial distributor with a focus on cutting tools, abrasives, metalworking fluids, as well as workholding systems and components. It is privately held, operating in Manufacturing, and is based in Waukesha.
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