Posted Date: 12/15/2010
MSC Industrial Direct Co. Inc. said that it completed its acquisition of Rutland Tool & Supply Co., a subsidiary of Lawson Products, Inc. for about $11 million in cash plus the assumption of certain liabilities. The company continues to expect the acquisition to become accretive to earnings in late-fiscal 2011 or early-fiscal 2012.
Web link: www.mscdirect.com
Source via American Fastener Journal.