Concentric closes acquisition of STANGCO Industrial Tools

Concentric, an OnPoint Group Firm, and a pacesetter in DC energy administration for the fabric dealing with and important energy industries, at present introduced it has closed the acquisition of STANGCO Industrial Tools Inc.

STANGCO’s group of skilled battery specialists have served the fabric dealing with trade throughout California for over a decade, offering experience, perception and options for all industrial and floor help battery and charger necessities. This acquisition will broaden Concentric’s footprint, particularly the corporate’s Forklift (Motive) Energy presence throughout southern California and the west coast market.

“We’re excited to welcome the STANGCO group! We’ve got seen vital progress in California over the previous few years and including the STANGCO group’s talent units ensures our progress continues by means of constant, excellent service throughout the west coast,” mentioned Concentric President, John Shea. 

“This acquisition continues our dedication to construct the primary nationwide service group able to delivering consistency from coast to coast for materials dealing with clients,” added Tom Cox, CEO of OnPoint Group.

Proprietor of STANGCO, Tom Stang mentioned, “STANGCO has been targeted on delivering customer-centric energy options for purchasers for over a decade. We resonate with Concentric’s imaginative and prescient to ship nationwide forklift energy and engineered techniques, and we look ahead to delivering an expanded array of companies to our buyer base on account of this partnership.”

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