LAWSON PRODUCTS, INC. (NASDAQ:LAWS) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01 Completion of Acquisition or Disposition of Assets.
On October1, 2018, Lawson Products, Inc. (the "Company") completed the acquisition of Screw Products, Inc. ("Screw Products"), a leading regional industrial parts distributor operating in Ohio and Texas. The Company acquired the assets, properties and rights of Screw Products and expects to complete the integration of the acquisition in the first half of 2019.
A copy of the press release announcing the acquisition is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
99.1Press Release issued on October 1, 2018
LAWSON PRODUCTS INC/NEW/DE/ ExhibitEX-99.1 2 screwproductspressrelease.htm EXHIBIT 99.1 Exhibit For Immediate ReleaseLawson Products Acquires Screw Products,…To view the full exhibit click here
About LAWSON PRODUCTS, INC. (NASDAQ:LAWS)
Lawson Products, Inc. is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other. The Company supplies a range of automotive products, including body hardware, body shop, brake/wheel, fleet/truck, repair harness assembly and other parts. The Company offers approximately 200,000 different core products for sale of which approximately 50,000 products are maintained in its distribution centers. The Company’s customers operate in a range of industries, including automotive repair, commercial vehicle maintenance, government, manufacturing, food processing, distribution, construction, oil and gas, mining, wholesale and service.
