“This acquisition provides a significant opportunity to help scale our tools and equipment business. Sumner’s manufacturing capabilities and distribution network will help us achieve our team’s growth expectations over the next few years,” said Brandon Moss, president of Southwire’s Tools and Equipment business. “We will strengthen our company’s position in the contractor equipment space, develop new manufacturing capabilities and rapidly expand our presence in the industrial supply and rental channels.”
The acquisition includes manufacturing operations and corporate support functions in Houston and Langfang, China, as well as sales and distribution offices in Canada, the United Kingdom and the Netherlands. The addition of Sumner will welcome more than 160 employees to the Southwire workforce, the company notes.