September 24, 2009 8:28 AM CDT

MK Diamond Acquires Sawtec

By MK Diamond Products, Inc.

MK Diamond Products, Inc. announced that it has acquired the Sawtec brand from Blastrac NA. The Sawtec brand provides contractors with a range of dust-free tools and grinding accessories for surface preparation and concrete repair. Sawtec will be marketed as a sub-brand of MK Diamond which will preserve its successful reputation and brand identity within the construction industry.

The acquisition combines one of the oldest family owned leaders of cutting tools with a new line of products for surface preparation.

"Our companies share similar values; we both are committed to innovating to improve our product lines for the benefit of our customers.Restoration and concrete repair is an ever increasing business. This acquisition provides MK Diamond with a new line of products and marketing opportunities," commented Brian Delahaut, Vice President, MK Diamond Products, Inc.

"MK Diamond and Blastrac's management have been in discussions for quite some time on this acquisition. The acquisition of Sawtec by MK Diamond will allow Blastrac to focus on its core resurfacing products and customers needs," states Stephen Klugherz, Global Vice President.

The Sawtec product line will include surface preparation equipment, dust-free tools for cutting and widening joints, grinding accessories and shrouds. These products are designed for contractors, public works departments, rental companies and other cutting/demolition professionals.

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About the Author

MK Diamond Products, Inc. is recognized as world leader in construction equipment and cutting accessories. For more information visit www.mkdiamond.com.