MSC Industrial Direct Co., Inc. acquired Premier Tool Grinding, Inc. for $10.5 million.
June 24, 2024
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MSC Industrial Direct Co., Inc. (NYSE:MSM) acquired Premier Tool Grinding, Inc. on June 25, 2024. In a related agreement, MSC Industrial Direct Co., Inc acquired Aptex, Inc. Under the purchase agreements, both companies will continue to operate under their current names as MSC companies.
MSC Industrial Direct Co., Inc. (NYSE:MSM) completed the acquisition of Premier Tool Grinding, Inc. for $10.5 million on June 25, 2024.
MSC Industrial Direct Co., Inc. is a North American distributor of a range of metalworking and maintenance, repair and operations (MRO) products and services. Its range of MRO products includes cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components and electrical supplies. It serves a range of customers throughout the United States, Canada, Mexico, and the United Kingdom, from individual machine shops to manufacturing companies to government agencies, such as the United States General Services Administration and the United States Department of Defense. It operates a network of six customer fulfillment centers, 10 regional inventory centers and 41 warehouses. The Company's customer fulfillment centers have various locations in the United States.
MSC INDUSTRIAL DIRECT CO., INC. 
