MSC Industrial Completes Lawson Products Unit Acquisition | American Fastener Journal

Article by · 2010/12/15 ·

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.

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