BlackHawk acquires Tools for Industry
Tulsa-based BlackHawk Industrial has acquired Tools for Industry (TFI) and its affiliate Service for Industry (SFI).
TFI/SFI is an industrial distributor and manufacturer located in Dayton, Ohio.
The acquisition of TFI/SFI strengthens BlackHawk’s presence in southwestern Ohio. Financial terms of the deal were not disclosed.
“Not only are we picking up a great team with a broad range of new customers, we are also increasing the breadth of our solutions with the addition of some unique manufacturing capabilities. TFI/SFI is a great fit for BlackHawk and our culture,” said John Mark, BlackHawk president and CEO.
Tim Ozvath, former president of TFI, will join BlackHawk as team leader and will help to integrate TFI into BlackHawk’s Dayton branch. Thirteen TFI/SFI associates will likewise join the BlackHawk family.
INDUSTRIAL SUPPLY MAGAZINE
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