Emory & Co. acted as the exclusive financial advisor to Machinery & Factory Industrial Supply, Inc. in its sale to Production Tool Supply, a subsidiary of Berkshire Hathaway Inc.
M&F Industrial Supply operates as a full-line industrial supplier of abrasives, high-speed and carbide cutting tools, hand and precision tools, MRO supplies, and electric and air power tools.
Taylor Kotke, Vice President with Emory & Co., stated, “We have been honored to work with the second-generation owner of the business to find the right buyer for his company. The overall industry continues to consolidate into fewer, larger distributors. This transaction allows M&F Industrial Supply to benefit from economies of scale while continuing to provide the top level service its customers have come to expect.”
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