Deal Summary – Toolcom Supplies
| CLIENT: | Toolcom Supplies Ltd |
| SECTOR: | Industrial Consumables |
| DESCRIPTION: | Leading supplier of automotive and engineering supplies |
| DEAL TYPE: | Buy-in |
| DEAL SIZE: | Undisclosed |
| INVESTOR: | Barnes Group (USA) |
Company background
Founded in 1976, Toolcom Supplies Ltd is a high quality customer-focused company at the forefront of the engineering & automotive supplies, hand & power tools, janitorial, PPE and workshop consumable markets throughout the UK from its warehouses in Fife, Scotland.
As specialists to the PSV, HGV, local authority, printing and utilities markets, Toolcom Supplies Ltd provides and develops a diverse range of products and services to meet new industry developments. Its continuing success has seen the company expand 5-fold since 1995, increasingly acting as a “one-stop-shop” for its customers.
The Company was recently voted by the line operational managers of one of its larger customers as their No.1 supplier, underlining the strength of reputation that the Company has achieved.
Deal background
The business was acquired by Barnes Group (USA).