MSM - MSC Industrial Direct Expands In Canada: Acquires Metalworking Distributor KAR Industrial | Benzinga
MSC Industrial Direct Co Inc (NYSE:MSM) announces the acquisition of KAR Industrial Inc., a Canadian distributor of metalworking tools and accessories. Deal terms were not disclosed.
Founded in 1954, KAR operates three facilities in Mississauga, Montreal, and Edmonton for total country coverage, with 45 associates and estimated 2023 revenues of $16 million.
KAR will continue to operate ...