Bostwick-Braun Acquires Mill Supplies Inc. - Modern Distribution Management

Bostwick-Braun Acquires Mill Supplies Inc.

The acquisition expands Bostwick-Braun's industrial division.
Bostwick-Braun

Toledo, Ohio-based industrial and commercial distributor Bostwick-Braun Company announced Nov. 8 its acquisition of Mill Supplies, Inc. (MSI) by the company’s Industrial Business Division. Financial terms of the transaction were not disclosed.

MSI is a distributor of power tools, abrasives, MRO and safety products operating out of Fort Wayne and Indianapolis. The company has served the OEM, construction and metalworking industries in Indiana and Ohio for over 60 years.

“We are executing our strategy to be the premier full-line industrial distributor in the Midwest,” Bostwick-Braun CEO Mark Christie said. “We seek to partner with excellent companies such as Mill Supplies. MSI is passionate about exceeding the expectations of its customers and values the employees and culture that have been the company’s foundation.”

Andy and Karen Beckstein, who owned and operated MSI for the past 28 years, will continue with the company, according to a news release. Andy will lead the Fort Wayne and Indianapolis locations as MSI’s general manager while Karen will focus on supply chain and supplier development.

“We feel it is the best possible succession plan for our employees and business,” Andy said of MSI joining Bostwick-Braun. “Our employees are our success story; offering them employee ownership with Bostwick-Braun is exciting and fulfilling. The partnership with Bostwick-Braun makes us both stronger, better, and poised for future success.”

Bostwick-Braun is an independent wholesale and industrial distributor that has served the Midwest for 167 years. The company is a supplier of power tools, fasteners, abrasives, cutting tools, fluids, MRO and safety products.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.