Husqvarna Group acquires Diamond Tool Supply

Husqvarna Group’s Construction Division has acquired Michigan-based Diamond Tool Supply Inc., a leading producer of polishing and grinding diamond tools for concrete, stone and terrazzo, effective May 3. “The acquisition of Diamond Tool Supply reinforces our position as a market leader of complete solutions for the construction grinding and polishing industry,” says Henric Andersson, president of Husqvarna Construction Products. The acquisition will add sales of around $5.8 million, mainly in the U.S., to Husqvarna Group’s Construction Division, based on the full year 2015 accounts. Diamond Tool and Supply has around 70 employees. “The acquisition of DTS brings a strong customer base that we will continue to support and expand, as well as manufacturing operations in Bulgaria. These are both clear assets to our diamond tool business,” says Andersson. Husqvarna Construction Products is a market leader in equipment and diamond tools for the construction and stone industries. ? (913) 928-1442 à

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