Bon Tool Co. Purchases O’Tool
By Bon Tool Co.
Bon Tool Co. has completed its acquisition of O’Tool Co. and certain related assets of this Henderson, Nevada based division of QEP Co., Inc.
The O’Tool Co. supplies of a wide range of tools to the construction market. O’Tool’s product line of hand tools for the trowel trades is comparable to Bon’s product offering. The company serves distributor customers located primarily in the western half of the United States.
In 2008 Bon will begin marketing the acquired products through Bon’s master catalog and on the Bon website. O’Tool and Bon customers will both benefit from the expanded product selection resulting from the acquisition.
Bon will maintain the western distribution center in Nevada in addition to its distribution center in Pennsylvania. Commenting on the acquisition, Bon vice president John Wight says the recent purchase will permit expansion of Bon’s products to western U.S. markets.
“The companies are quite similar in terms of product and distribution, so it was a natural fit. The combined customer base will benefit from greater selection and quicker shipping to both east and west coast locations,” says Wight.
Bon brings 50 years of experience in tool design, manufacturing and marketing to O’Tool’s customer base. The purchase of this tool company should immediately impact sales at Bon as the company will continue to serve O’Tool accounts.
About the Author
Bon Tool Co. continues to build on its heritage of providing innovation, superior quality and exceptional customer care. Bon manufactures the largest selection of professional tools for the building trades. More than 4,000 contractor-quality hand tools are currently available from Bon. For more information contact the sales department at 724-443-7080 or visit Bon’s website at www.bontool.com.