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News

MSC Industrial Supply Acquires ApTex And Premier Tool Grinding; No Terms Disclosed

Author: Benzinga Newsdesk | June 25, 2024 05:32pm

Under the purchase agreements, both companies will continue to operate under their current names as MSC companies.

Combined, the two companies had estimated revenues of slightly over $20 million in 2023 and have 58 associates.

Both acquisitions are expected to be net neutral to MSC's fiscal year 2024 net income.

Posted In: MSM