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Lawson Products Acquires Mattic Industries
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2016-11-22
Lawson Products, Inc., a distributor of products and services to the MRO and automotive marketplaces, announced it has completed the acquisition of Mattic Industries Limited, a Vancouver-based distribution company.
Founded in 1982, Mattic Industries is a leading distributor of rivets, fasteners and other industrial components throughout Western Canada. Similar to Lawson, the company also provides vendor managed inventory (VMI) services to customers. Mattic has distribution centers in Surrey, British Columbia and Calgary, Alberta.
“Mattic has strong, long-lasting customer relationships and its employees are known for their deep product knowledge of fasteners and applications for the trucking industry,” said Michael DeCata, president and chief executive officer, Lawson Products.
Key sales and management members will continue in their leadership roles. John Matthew will remain on board during the transition. Lawson Products’ acquisition of Mattic Industries closed November 15, 2016. Transaction consideration was not disclosed.
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