Tacoma, Washington-based MRO distributor Stellar Industrial Supply has acquired Timesaver Industrial Inc., a Phoenix-based company.
Stellar said in its announcement that the deal will establish a strong market presence in Arizona and offer a “deeper and wider array of products and services for customers and partners.”
“We are ecstatic to build upon the reputation and platform Timesaver has established in the Phoenix area, while extending the Stellar Industrial Supply brand further into this marketplace,” said Stellar President and CEO John S. Wiborg. “We will offer a deeper and broader array of supplies and services for MRO, Safety Supply, Metalworking, Abrasives and supply chain solutions, with a deep commitment to delivering the exemplary customer service, care, and experience that both companies are known for.”
The deal marks Stellar’s ninth acquisition over the past 15 years. As part of the acquisition Stellar will bring on four new employees, bringing its total to approximately 196 companywide, the company said.