DGI Supply Set to Acquire Tool & Abrasive Supply Inc.

DGI Supply, a DoALL Company, intends to acquire Tool & Abrasive Supply Inc.

DGI Supply, a DoALL Company, intends to acquire Tool & Abrasive Supply Inc. The transaction is anticipated to close on October 1. Terms were not disclosed. Ken Saunders, current Tool & Abrasive president, will continue to manage the company after the acquisition. 
 
Bill Henricks, COO of DoALL Company, says, “The merging of these two exceptional teams will further fuel our success in Southern California. This blend will provide a range of support and resources for our customers.”
 
Tool & Abrasive Inc. is an industrial distributor specializing in carbide and high speed steel cutting tools, abrasives, CNC tooling and workholding systems, cutting fluids and MROP products.