Q.E.P. Co., Inc. (OTC: QEPC.PK), Boca Raton, FL, has acquired the Ludell brand of striking tools for $1.3 million.
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Ludell tools will continue to be manufactured and distributed in the U.S. from the company’s Oklahoma City, OK, facility acquired in connection with its acquisition of Nupla Corp. earlier this year.
\”Ludell’s line of high quality wood and fiberglass handled tools that cater to both the professional and DIY markets provides a great complement to both our Nupla and Hisco brands and further leverages our presence in the markets served by Nupla,\” said Lewis Gould, chairman of Q.E.P.’s board of directors.
Q.E.P. Co., Inc., manufactures flooring and industrial tools.
