BlackHawk Industrial acquires two companies
BlackHawk Industrial has completed the acquisition of JJ Industries of Connecticut Inc. and its affiliate Jet Tool & Cutter, based in Southington, Connecticut.
Terms of the transaction were not disclosed.
The addition of the two companies further deepens BlackHawk’s distribution presence in the Northeast as well as expands its manufacturing capacity and capabilities in a large manufacturing market. While JJ is an industrial distributor and Jet is a manufacturer and regrind service provider, both are focused on cutting tools and technical expertise.
“This is an exciting day for BlackHawk as we add two premier and innovative companies to our organization focused on delivering world-class products and services,” said John Mark, president and CEO of BlackHawk Industrial. “We are thrilled to have the tremendous people of both companies join the BlackHawk team and are confident in the value this acquisition will deliver to our customers and shareholders around the world.”
JJ and Jet president Todd Sanzone credit the employees and their dedication over the years and views the new partnership as a crucial step to serving customers and the community. “This is a wonderful day for all JJ and Jet associates. We are excited to join the entire BlackHawk family and look forward to the remarkable things to come because of our strategic alignment.”
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
