Lawson Products, Inc. (NASDAQ:LAWS), the parent of Kent Automotive, announced it has completed the acquisition of Mattic Industries Limited, a Vancouver-based distribution company.
Founded in 1982, Mattic Industries is a leading distributor of rivets, fasteners and other industrial components throughout Western Canada. Similar to Lawson, the company also provides vendor managed inventory (VMI) services to customers.
Mattic has distribution centers in Surrey, British Columbia and Calgary, Alberta. Lawson Products gains 18 employees, including 10 sales representatives with the acquisition.
Key sales and management members will continue in their leadership roles. John Matthew will remain on board during the transition. Third
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