OX Tools Global Investments Ltd Announces Intent to acquire TRACER Tools & SMART Distribution for UK & IE
We are excited to announce that OX Tools have confirmed their intention to purchase the TRACER brand and SMART distribution from ROYD Tool Group UK Ltd!
OX USA already distributes TRACER products in the US & Canada market, so this is a strategic opportunity that aligns perfectly with their ‘Mark of a Pro’ mission to build the best PRO brands and strengthen their position as a leader in the marking category.
Utilising the OX Group Global reach and capabilities will enable the next steps on this exciting journey and we look forward to working with the OX team to take the brands to the next level and beyond.
OX Tools is also acquiring the rights to distribute the SMART Tools product range for the UK & Ireland markets. This range of products provides the OX Group business with access to a comprehensive range of multi-tool blades and accessories and a strong customer base across the UK & Ireland.
We look forward to sharing more details as the acquisition progresses in the coming weeks.
For inquiries, please contact:
Norman Shimwell – norman.shimwell@roydtoolgroup.com
Junior Murphy – junior.murphy@roydtoolgroup.com
