Kyocera Corporation (President: Hideo Tanimoto) today announced that it has concluded an agreement to acquire 100% ownership of SouthernCarlson, Inc. (CEO: Kenneth D. Sweder), a U.S. distributor of tools, fasteners, packaging and facility supplies, headquartered in Omaha, Nebraska. Under the agreement, SouthernCarlson will operate as a U.S.-based subsidiary of Kyocera Corporation.
SouthernCarlson serves a broad array of end markets from over 150 branches across North America. It is a leading distributor of the most recognized and highest-quality brands of construction fasteners, tools, packaging, facility supplies and tool repair services.
Acquisition Background
Kyocera entered the industrial tools market in the 1970s with a line of high-speed metal processing tools, and has steadily expanded into precision tools for automotive, aerospace, energy, medical and woodworking applications. With the acquisition of SouthernCarlson, Kyocera will serve a wider range of customers across the North American residential, manufacturing and industrial professional tool and fastener markets.
Overview of SouthernCarlson, Inc.
Company name
SouthernCarlson, Inc.
CEO
Kenneth D. Sweder
Established
1947
Global headquarters
Omaha, Nebraska, U.S.A.
Main business
Distribution of fastening tools, fasteners, packaging and facility supplies
Associates
Approximately 1,100 (as of March 31, 2019)
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