OneSource acquires D&D Tool and Supply
OneSource Distributors, Oceanside, Calif., is acquiring D&D Tool and Supply of Vista, Calif.
Terms were not disclosed. D&D is a distributor of industrial, safety and tooling supplies with locations in southern California and Tijuana, Mexico.
D&D Tool and Supply will continue under the same name as a division of OneSource. Accounting and logistics operations will be consolidated, while sales and service operations will continue under the leadership of Georgia Dutro, who will serve as president of the D&D Industrial Supply, Safety and Tool division, reporting to chief operating officer Mike Smith and Bob Zamarripa, chairman and CEO.
Mike Blanchard will serve as vice president of sales and acquisition integration, responsible for integrating the D&D sales team into OneSource and coordinating joint sales activities with current OneSource Divisions.
Founded in 1947 by Dollie Dutro, former wing walker and stunt pilot, D&D has locations in Vista, Otay and Brea, Calif., plus Tijuana.
"OneSource has determined that customers need strategic suppliers to offer broader product packages delivered by more sophisticated supply chain services. This enables them to concentrate on value creating activities and decrease costs in their supply chain simultaneously," said Zamarripa. "The D&D Tool acquisition gives us the ability to expand our product package and extend our value-added supply chain services while increasing logistical and back office productivity. Any time you can do all of those, it's a great strategic fit."
OneSource Distributors currently has 13 sales locations and operates out of three distribution centers in California, Arizona, Hawaii and Mexico. OneSource is a regional distributor of electrical, automation and utility equipment and supplies to the industrial, commercial, infrastructure, OEM and utility markets with sales of $335 million in 2010.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
