A&M Industrial Acquires Tool-Krib Supply

A&M Industrial announced Monday that it has acquired fellow New Jersey distributor Tool-Krib Supply Company.

A&M officials said that the addition of Tool-Krib would strengthen its position in the Mid-Atlantic region, reinforce its metalworking capabilities, and add “premium brands” to its portfolio of industrial supplies and cutting tools.

AM Industrial/EIN Presswire“Tool-Krib shares our dedication to delivering technical expertise, and providing customers with solutions that drive productivity,” A&M President David Young said in a statement. “By joining forces, we can continue a tradition of excellence while expanding our reach and capabilities to better serve the metalworking industry in our trading area.”

The deal closed on April 15; additional details, including financial terms, were not disclosed.

Tool-Krib, which was founded as Van Duren Supply in 1938, is located in West Caldwell, New Jersey; A&M operates four locations in New Jersey along with branches in Connecticut, New Hampshire and Pennsylvania.