The 2020 Mid-Year Economic Update_long

Endries Acquires Fasteners Distributor K&L Sales

Endries International Inc., Brillion, Wisconsin, on Thursday announced the acquisition of fellow Wisconsin fasteners distributor K&L Sales Inc. Financial terms of the deal weren’t disclosed.
Endries

Endries International Inc., Brillion, Wisconsin, on Thursday announced the acquisition of fellow Wisconsin fasteners distributor K&L Sales Inc. Financial terms of the deal weren’t disclosed.

K&L was founded in 1985 in Waukesha, Wisconsin, by brothers Dave and Tom Knebes on the foundation distributing riveting products and associated installation tools.

Today, the company’s offerings have expanded to include a full line of fasteners including many proprietary brands. In addition, K&L offers vendor managed inventory solutions and an installation tool repair center. The company is now based in Hartland, Wisconsin.

“Endries is thrilled to welcome K&L into our family,” said Steve Endries, president of Endries. “Dave and Tom have built an organization that possesses a tremendous amount of industry knowledge and experience that is centered on customer service. We look forward to collaborating with our new team members to improve our overall market offerings.”

In addition to its headquarters location in Brillion, Endries operates nine U.S. and international distribution centers. The company provides more than 500,000 SKUs to its customer base and operates primarily through a vendor managed inventory model, managing C-part categories for its customers across diverse industrial end markets.

Related Posts

About the Author
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.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and 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

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

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.