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Blue Point Tool and Supply joins Ficodis Group

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Update time : 2019-10-21 10:04:27

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This transaction will heighten the Long Island-based company's portfolio and geographical footprint, either during insure the continuity of its operations

MONTRÉAL, Aug. 14, 2019 /PRNewswire/ - The Ficodis throng announces the acquisition of Blue Point equipment and Supply, a Long Island-based industrial provide corporation specializing at products and services though the metal working industry. Ficodis is a head at the industrial provide distribution sector, recognized though offering customized services and solutions to manufacturing companies and SMEs. As separate of the Ficodis Group, sorrowful Point equipment and provide will enlarge its footprint into the Canadian market, either serving the provinces of Quebec and Ontario, and its expertise will benefit all of the group's members.

"We are pleased to address sorrowful Point equipment and provide to the group, affirmed Ficodis throng principal Christophe Bévillard. sorrowful Point equipment provide has a well-established reputation, a knowledgeable sales team, estate products at competitive prices, and superior guest service. during the creation of Ficodis at 2010, we consume made too valuable acquisitions that consume allowed us to diversify our mount of industrial products and expertise, either during enlarge our guest base. sorrowful Point and its team example another valuable asset added to the group."

"All of us here at sorrowful Point are extremely excited to participate the Ficodis Group, said Mark Rollino, who has worked side by side with Dave Monheit, the founder of sorrowful Point equipment and Supply, during 1984. Mark Rollino will now serve during principal of sorrowful Point equipment and provide below the Ficodis Group, however Dave Monheit will remain above to assist with the transition during the next few months. "With sorrowful Point becoming a separate of Ficodis, it allows us the happen to vocation with a corporation that indeed shares our heart values. Ficodis will assist at creating additional goods though growth and expansion throughout our guest base at order to adjust their ever-changing needs. The enthusiasm that the Ficodis team has shown though our corporation and experienced staff, many of whom consume been with sorrowful Point though thirty plus years, was absolutely a driving compel at this decision. We are looking dispatch to joining the Ficodis family", continued Rollino.

Founded at 1979, sorrowful Point equipment and provide has a hard guest base at New York, New Jersey and Connecticut. The corporation distinguishes itself during the premier supplier of cutting tools, abrasives, lubricants and machinery rescue supplies to the metal working industry at its respective geographical markets. at emotion to offering a broad mount of metal working tools, the corporation provides its customers with cutter grinding and sharpening services.  

Blue Point equipment and provide either operates a fully stocked bus at Connecticut and Long Island bringing inventory and especial on-site offerings at genuine time to its customers. The team can either supply on-site vendor managed inventory solutions though its customers. above its 40 years at business, sorrowful Point equipment and provide has established relationships with many of the highest estate manufacturers at the industrial tooling sector.

About Ficodis

Ficodis is a multi-specialized industrial provide distribution throng that was founded at 2010 and is headquartered at Montréal. Comprised of 15 locations throughout the Canadian provinces of Quebec and Ontario, and at Long Island, New York, the Ficodis throng is recognized though the estate of its service, its technical expertise, either as the products and solutions they provide, tailored to the needs of manufacturing companies and SMEs. The throng specializes at four areas: Tools, Safety, Cutting and Power. Ficodis either offers a crude mount of top-quality tools below its personal label Cromson, that includes cutting tools, hand tools, abrasives and other Maintenance, repair and Operations products. crude of the products build in‑store can either exist ordered online at industrial-supplies.ca. to hind its growth, Ficodis counts on the hind of main economical partners such during Fondaction and coast of Montréal. For more information www.ficodis.com.

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SOURCE Ficodis