JIS Distribution Buys Erie Tool & Supply Co.

JIS Distribution expands into the Toledo, Ohio area with its purchase of Erie Tool & Supply Co.
December 2020 M&A Roundup

Cleveland-based JIS Distribution LLC announced it has acquired Erie Tool & Supply Co., a Toledo, Ohio-based company that has served northwest Ohio and southeastern Michigan industrial customers for over 85 years. Financial terms of the deal weren’t disclosed.

Erie Tool & Supply’s focus is cutting tools, abrasives, cutting fluids and inventory management systems, which JIS said dovetails with its areas of expertise. JIS will operate a new branch out of the Erie Tool and Supply Co. facility.

By combining JIS and Erie Tool and Supply Co., JIS said it was expanding geographically and opening a new branch in the Erie Tool and Supply facility in the Toledo. JIS said keeping inventory at this new location would benefit its customers in the Northwestern Ohio area.

JIS will initially keep the Erie Tool and Supply Co. brand as it starts the integration process. The long-term plan is for Erie Tool and Supply Co. be fully integrated into JIS over the course of the next 12 months.

“This acquisition allows us to expand geographically and strengthen our relationships with our Northwestern Ohio customers,” said JIS General Manager Matt Schron.

JIS, which is a division of Jergens, Inc., is an industrial distributor of metalworking products that represents more than 300 manufacturers.

Related Posts

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.

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

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.

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.