Pearlman Gets Dimensional Tools

ST. LOUIS – Pearlman Industries Inc. acquired Dallas-based Dimensional Tools Inc. on May 16.
Dimensional Tools will become part of Pearlman’s Keystone Tools division. Terms of the transaction weren’t disclosed.
Dimensional is a value-added distributor of products for the stone-fabrication market, with locations in Dallas and Phoenix, as well as a truck fleet that services customers in the field.
“The management of Dimensional Tools built a loyal customer base through diligent customer service and a flexible, responsive operating model that will seamlessly integrate into Keystone’s existing business,” said Jeff Fox, CEO of Harbour Group, Pearlman’s parent company. “The locations are a natural extension of our geographies and expand our footprint into attractive growing markets.”
Pearlman is a supplier of diamond-cutting products and abrasives to professionals in diverse end-markets, including stone, tile, construction, welding, and equipment rental. The company has two divisions that it acquired last year: Pearl Abrasives, with branded abrasives and diamond products sold through distributors; and Keystone, a distributor of stone cutting and fabrication tools, blades and consumables to end-users.
“Our team worked hard to build the company into a recognized leader in its markets,” said Robert Pico, Dimensional Tools president. “We believe we have the keys to successful growth and are pleased that Harbour Group and Keystone are willing to dedicate significant resources to help us achieve our goals.”
Harbour, a privately owned company based in St. Louis, and its operating companies are engaged in the manufacture and distribution of a wide variety of consumer and industrial products. Since its founding in 1976, Harbour has completed 148 acquisitions in 32 industries.