Stride Tool, located in Glenwillow Ohio, has acquired certain assets of MPV Tools of Lake Zurich, Illinois. Terms of the acquisition were not released.
MPV manufactures electrical wire strippers for the automotive, industrial and retail markets. Their products complement the products currently offered by Stride Tool.
“The MPV products will be manufactured and distributed from our facility in Glenwillow, Ohio” comments Ron Ortiz, Stride Tool CEO.
Stride Tool, LLC designs, manufactures and markets innovative specialty tools and solutions for the professional technician. Its flagship brand, Imperial®, is sold worldwide through HVAC, retail, industrial and automotive distribution. More information is available at www.stridetool.com.