KYOCERA to Acquire SouthernCarlson, Inc., a U.S.-based Distributor of Fasteners, Tools and Packaging

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Acquisition will expand Kyocera’s reach across the North American residential, manufacturing and industrial professional tool and fastener markets

May 7, 2019Japan

Kyocera Corporation (President: Hideo Tanimoto) today announced that it has concluded an agreement to acquire 100% ownership of SouthernCarlson, Inc. (CEO: Kenneth D. Sweder), a U.S. distributor of tools, fasteners, packaging and facility supplies, headquartered in Omaha, Nebraska. Under the agreement, SouthernCarlson will operate as a U.S.-based subsidiary of Kyocera Corporation.

SouthernCarlson serves a broad array of end markets from over 150 branches across North America. It is a leading distributor of the most recognized and highest-quality brands of construction fasteners, tools, packaging, facility supplies and tool repair services.

Acquisition Background
Kyocera entered the industrial tools market in the 1970s with a line of high-speed metal processing tools, and has steadily expanded into precision tools for automotive, aerospace, energy, medical and woodworking applications. With the acquisition of SouthernCarlson, Kyocera will serve a wider range of customers across the North American residential, manufacturing and industrial professional tool and fastener markets.

Overview of SouthernCarlson, Inc.

Company name	SouthernCarlson, Inc.
CEO	Kenneth D. Sweder
Established	1947
Global headquarters	Omaha, Nebraska, U.S.A.
Main business	Distribution of fastening tools, fasteners, packaging and facility supplies
Associates	Approximately 1,100 (as of March 31, 2019)

SouthernCarlson's Houston, TX Branch

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