MK Diamond Products, Inc. has acquired the Sawtec brand from Blastrac NA. The Sawtec brand, which offers a range of dust-free tools and grinding accessories for surface preparation and concrete repair, will be marketed as a sub-brand of MK Diamond that will preserve its successful reputation and brand identity within the construction industry.
The acquisition combines one of the oldest family owned
leaders of cutting tools with a new line of products for surface preparation.
“Our companies share similar values; we both are committed to
innovating to improve our product lines for the benefit of our customers.
Restoration and concrete repair is an ever-increasing business. This
acquisition provides MK Diamond with a new line of products and marketing opportunities,”
commented Brian Delahaut, vice president, MK Diamond Products, Inc.
“MK Diamond and Blastrac’s management have been in discussions
for quite some time on this acquisition. The acquisition of Sawtec by MK
Diamond will allow Blastrac to focus on its core resurfacing products and
customers needs,” states Stephen Klugherz, global vice president.
MK Diamond products acquires Sawtec brand
July 22, 2009