NEFCO Makes Midwest Splash, Acquires Total Tool Supply in MN - Modern Distribution Management

NEFCO Makes Midwest Splash, Acquires Total Tool Supply in MN

It expands NEFCO's operations to 59 locations across 28 states and enhances its next-day delivery capabilities for contractors.
NEFCO acquires Total Tool

Construction and contractor supplies distributor NEFCO has significantly expanded in a big way, announcing the acquisition Total Tool Supply (Total Tool).

Terms of the transaction were not disclosed.

Founded in 1977, Total Tool is an industrial tool supplier with 14 branches and two distribution centers. With this acquisition, NEFCO said it now operates 59 locations across 28 states, significantly improving its capacity to offer next-day delivery to contractors at job sites.Total Tool

“We’re excited to partner with such a respected company, known for its talent, integrity, commitment to customer service and family-oriented culture,” NEFCO President & CEO Matthew Gelles said in a Nov. 4 news release. “Total Tool’s focus on mechanical, electrical and plumbing (MEP) contractors, as well as tools, safety and contractor supplies, aligns seamlessly with NEFCO. We’re looking forward to bringing our SHARP expertise, extensive product offerings and value-added prefabrication and engineering services to Total Tool’s customers.”

It represents NEFCO’s biggest acquisition to date, fourth in 2024 and 10th since the start of 2022. It adds 325 employees across 16 locations in eight states: Minnesota, Wisconsin, Kansas, Indiana, Kentucky, Iowa, Nebraska and Colorado.

“Today, thanks in-part to the acquisition of Total Tool, we have locations in over 60% of the construction market nationwide, with nearly 60 locations across 28 states,” Gelles added. “While we’ve made tremendous strides, we still believe we are just beginning our journey of growth at NEFCO.”

The news comes just two weeks after NEFCO said it acquired Sheinberg Tool in Corpus Christi, TX.NEFCO acquisition of Tool Map

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.