There are no signs that Lawson Products and its Kent Automotive division is slowing down its rapid pace of industry acquisitions as the company celebrates its 65th anniversary this year.
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Based in Chicago, Lawson/Kent markets more than 7,000 vehicle product lines throughout the United States, Puerto Rico, Canada, Mexico and the Caribbean along with providing a comprehensive assortment of inventory management services and training programs to its customers.
When distributor Mattic Industries Ltd. of Vancouver, British Columbia came on board in November, it marked Lawson’s fourth industry purchase within 14 months, and each addition to the portfolio is fully integrated into the parent firm’s operational flow, including its internal and external educational offerings.
“Lawson Products doesn’t acquire companies; we invite companies to join us,” said President & CEO Mike DeCata.
“This acquisition complements both companies’ strengths in providing outstanding customer service, particularly within fleet management and the oil and gas industry,” he says, referring to Mattic’s distribution centers in Surrey, B.C. and Calgary, Alberta.
“We’ve expanded Lawson’s footprint in North America and are positioned to immediately grow this business and capitalize on the Canadian market opportunity,” says DeCata. “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.”
“I’m proud of the Mattic team’s achievements and I’m thrilled to have found in Lawson a company that shares our values and our focus on being close to customers to meet their needs,” says John Matthew, Mattic’s founder and president.