BlackHawk Industrial Supply, Tulsa, Oklahoma, recently acquired two companies. The distributor acquired Argo del Valle (formerly Argo-Fusco), a Mexican distributor with 30 employees and locations in Tijuana, Mexicali and Sonora, Mexico. And it acquired Southern Tool & Machine Co., an industrial distributor with locations in Pompano Beach and Largo, Florida. Financial terms of the deals weren’t disclosed.
Argo del Valle, whose general manager is Sofia Gallego, represents the first pure Mexican acquisition in the distributor’s history. Said BlackHawk CEO John Mark: “We are truly excited about this newest acquisition. Not only does it extend our reach and increase our scale within the Mexican market; it also gives us a step forward on our trajectory of growth by delivering expanded functional expertise and resources along with new customer opportunities.”
As for Southern Tool & Machine, this addition extends BlackHawk’s reach to customers in a strategically important geographic location. Ray Cmarik joins BlackHawk as the new sales leader for Southern Florida along with his eight-member team.