NSI Industries — a Huntersville, North Carolina-based provider of electrical product solutions — says it has reached a deal to acquire Metallics, a Bristol, Connecticut-based manufacturer and supplier of fasteners and related supplies.
Financial details were not announced. The acquisition will allow NSI to “further key inroads” into the electrical, HVAC, and building technologies markets, the company said.
“Metallics has been serving tradesmen since 1959 with a foundation built upon quality, reliability, and innovation,” said David DiDonato, NSI’s chief commercial offer. “NSI has been interested in the Fasteners category for some time and we’re delighted to be bringing the Metallics product line into our portfolio. This acquisition represents a strategic addition to our company and one that I’m sure our loyal distributors and end users will appreciate.”