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MSC Agrees to Buy ATS Industrial Supply

MSC Industrial Direct Co., Inc. (NYSE: MSM), Melville, NY, No. 12 on MDM's list of top industrial distributors, has agreed to acquire ATS Industrial Supply, Inc., Salt Lake City, UT. Terms of the transaction were not disclosed.

ATS Industrial Supply, Inc. is a metalworking and MRO industrial distributor with over 40 years' experience distributing a broad range of industrial tools, cutting tools, abrasives, machinery, precision instrument supplies, and other MRO-related supplies. The company has locations in Salt Lake City, UT, Phoenix, AZ, and Tijuana, BC, Mexico. Sales in 2011 were $34.5 million.

"In keeping with our long-term acquisition strategy, ATS builds out our geographic footprint, significantly increasing our presence in the Rocky Mountain region, while further extending our leadership position in metalworking," MSC CEO David Sandler said.

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