Hisco buys B&L Technologies’ distribution business
Industrial Distribution staff -- Industrial Distribution, 6/20/2008 8:13:00 AM
Hisco acquired the distribution division of B&L Technologies for an undisclosed amount.The acquisition of Victor, N.Y.-based B&L, which provides capital equipment and materials to the electronics assembly industry, expands Houston-based Hisco’s reach into upstate New York.
The deal includes B&L’s 6,000-square-foot warehouse south of Rochester, N.Y.
“B&L Technologies provides their customers with engineered solutions supported by outstanding customer service. The parallels between our customer base, core product offering and value proposition made this a natural fit,” Hisco president Bob Dill said.
The Victor location will operate as a satellite division of Hisco’s New Jersey Branch office managed by Mr. Greg Smith.
Hisco is an employee-owned specialty distribution company serving the electronic assembly and industrial markets. The company also provides specialized warehousing for chemical management, cold storage and logistic services.
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