Senco Brands acquired Timbalok Fasteners Ltd. in Auckland, New Zealand for an undisclosed amount. The company has been Senco’s principal distributor for New Zealand since its formation in 2008.
“We are particularly excited about the opportunities Timbalok can bring to our company,” Senco CEO Ben Johansen said in a statement. “Founded by managing director Mark Glidden with the support of outside investors, Timbalok has been very successful in establishing itself as an industry expert in both the professional and industrial end markets. The breadth of industry knowledge Mark and his team bring to us will be a valuable addition to Senco in the region.”
Senco manufactures a broad line of air-, battery- and gas-powered tools, including nailers, staplers and screw guns.