GranQuartz L.P., a direct marketer of stone cutting tools, has acquired the stone division of industrial tools cataloger and distributor Sommer and Maca Industries Inc. from C.R. Laurence.
Terms were not disclosed.
“C.R. Laurence has a great business and is clearly the leader in its industry,” said Jeff Fox, chief executive officer of Harbour Group, GranQuartz’s parent company, in a statement. “We are looking forward to providing Somaca’s customers with a broader product line and industry-leading customer service, including multiple ordering and delivery methods. Harbour Group has demonstrated its dedication to this industry, and we will continue to aggressively grow our businesses through both internal investment and acquisitions of other leading complementary businesses.”
