Broken Arrow, Oklahoma — BlackHawk Industrial, a market-leading distributor of metalworking and industrial supplies, has announced the acquisition of certain assets of the Marshall Tool — Salt Lake City, Utah operation.
With the asset acquisition of the Marshall Tool operation in Salt Lake City, Utah, BlackHawk broadens its geographical footprint and sales penetration in the Utah and Mountain Region marketplaces. The additional inventory stocking location paired with field sales and CSR talent at this location further strengthens BlackHawk’s presence in Utah, Idaho, Montana, and Wyoming. Financial terms of the transaction were not disclosed.
Bill Scheller, CEO of BlackHawk Industrial, said: “We are laser-focused on continuing to build out BlackHawk Industrial throughout North America. In some cases, we are able to attract and acquire the best local distributors in a given market to become part of our business we are building in North America. With the latest asset acquisition of Marshall Tool in Salt Lake City, we are ‘greenfielding’ a new location in a great geographical area within the United States. We believe this area of the country is currently underserved and will benefit from the technical metalworking sales talent of a distributor like BlackHawk Industrial.”
Mr. Scheller also added: “BlackHawk Industrial will continue to aggressively recruit strong local sales and customer service talent in the Mountain Region. We truly value individuals who want to be aligned with a strong distributor whose culture genuinely values their contribution to the business.”