QEP completes acquisition of Tomecanic

[Boca Raton, Fla.] QEP announced its wholly-owned French subsidiary PRCI completed the purchase of the Tomecanic and Bénètiere trade names and other assets of the two named businesses.

According to the company the acquisition further enhanced QEP’s position as the world’s leading supplier of tiling and flooring installation equipment. Founded in 1961, Tomecanic was the first company to offer a full range of tiling tools to trades and distributors in France. Bénètiere, founded in 1931, was well-known in France for inventing the first tools for cutting natural stone and offer a full range of diamond cutting blades.

“As part of QEP’s continuing expansion, the integration of Tomecanic-Bénètiere will leverage our business growth to our existing customer base in France and Europe along with wider reaching opportunities worldwide,” said Paul Boyce, CEO of European operations for QEP.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s