White Cap Supply Holdings announced that it has closed on an agreement to acquire Diamond Tool & Fastener, based in Philadelphia, Pa., with another location in Edgewater Park, N.J. and a distribution center in Bristol, Pa. White Cap serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, as well as building materials and fasteners.…
White Cap expands with acquisition of Ram Tool
White Cap Supply Holdings has closed on a definitive agreement to acquire Ram Tool Construction Supply Co. This combined business will be led by White Cap CEO John Stegeman and president Alan Sollenberger. Page Naftel, president of Ram Tool, is also joining White Cap as chief sales officer. “This combination will increase our products, services, and locations…