Denver-based Lane Supply Company acquired Air Center, Inc., a distributor and service provider of Kaeser Compressed Air Systems and Stanley Assembly Tools for manufacturers and commercial businesses in eastern Michigan and northern Ohio.
“The acquisition of Air Center further expands Lane’s geographic presence within the Midwest and further enhances Lane’s product and service offerings to include assembly tools – complementary to their already existing compressed air systems, coatings and finishing applications, and industrial supply lines,” Lane Supply said in a statement.
Air Center is expected to continue serving existing and new customers while operating under the same name, Lane Supply said.
“We’re excited about this strategic acquisition and to welcome the Air Center team to the Lane family,” President Brad Zotti said. “The acquisition of Air Center is a great fit for us in every way, allowing us to expand our geographic presence, product and service offerings, and customer base. This acquisition goes beyond revenue potential; Air Center is culturally a good fit with similar values and customer philosophies as well as talented employees who know the industry.”