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Pearlman snaps up Stone Tool Supply
Pearlman Industries Inc., a Harbour Group company and the parent of Pearl Abrasive Co. and Keystone Tools, has completed the acquisition of Stone Tool Supply Inc.
Stone Tool Supply, based in Atlanta, is a value-added distributor of a wide range of tools, equipment and accessories to the stone fabrication market. The company serves customers throughout the Southeast from its retail location in Atlanta as well as with a fleet of mobile sales vehicles, a model similar to that of the Keystone Tools division of Pearlman. Robbie White, president of Stone Tool Supply, founded the company in 2001 and continues to lead it.
Pearlman Industries Inc. supplies diamond cutting products and abrasives to professionals in diverse end-markets, including stone, tile, construction, welding and equipment rental. The company has two divisions: Pearl Abrasives, which develops unique branded abrasives and diamond products sold through distributors, and Keystone Tools, a distributor of stone-cutting and fabrication tools, blades and consumables to end-users, with a focus on the natural stone market. Its parent, Harbour Group, is a privately owned company based in St. Louis that has completed 149 acquisitions in 32 industries since its founding in 1976.
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