News

July 11, 2017

Riverside Tool Acquires General Saw


The acquisition of General Saw will strengthen the capabilities, products, and services of both companies – allowing our distributors to access the many years of knowledge in the General Saw products.

April 11, 2017

Techniks Industries Announces Acquisition of the Tooling Assets of Parlec, Inc.

The acquisition expands Techniks Industries’ broad product offering of aftermarket machine tool accessories and greatly enhances its manufacturing and distribution capabilities to distributors and OEMs located throughout North America.

March 21, 2017

Techniks Industries announces Vernon (Vern) Cameron as President & CEO.

Techniks Industries is pleased to announce the appointment of Vernon (Vern) Cameron as President & Chief Executive Officer effective February 27th, 2017.

June 3, 2016

Techniks Industries announces the acquisition of Riverside Tool Corporation located in Elkhart, IN.

The acquisition of Riverside expands Techniks Industries’ service coverage and the addition of PCD/carbide cutting tools and sanding tools greatly enhances its solutions offerings to dealers and distributors located throughout North America.

October 30, 2015

Techniks Industries announces the acquisition of O Saw and Tool, LLC (DBA “RKO Saw”).

The acquisition of RKO Saw’s manufacturing and service facility, located in Cullum, IL, expands and enhances Techniks Industries’ service footprint and capabilities available to its customers located in Illinois, Wisconsin, Iowa, and Indiana.

September 21, 2015

Audax Group announced the acquisition of Techniks Industries.

BOSTON--Audax Group today announced that it has partnered with management to acquire Techniks Industries, a leading provider of industrial cutting tools and tool holders in North America, from Tenex Capital Management, a private equity firm based in New York.

August 1, 2014

Techniks and NAP GLADU Parent Company to Offer Leading Edge Productivity Solutions

The parent company of Techniks and NAP GLADU announced a name change to Techniks Industries, signifying the commitment to provide customers with new levels of productivity through a wider offering of solutions from both brands.

February 19, 2013

Techniks Industries Announces the Acquisition of BC Saw by its NAP GLADU Subsidiary, Expanding its Presence in the Canadian Tooling Markets

Quintec, the tooling platform company owned by Tenex Capital Management, announced the completion of the acquisition of BC Saw Toronto, Canada by its NAP Gladu subsidiary.

January 14, 2013

Tenex Capital Management Expands its Presence in the Industrial Tooling Markets by Acquiring Techniks and Merging it with NAP GLADU

Tenex Capital Management (“Tenex”) announced the completion of its acquisition of Techniks, concurrent with Techniks’ merger into another Tenex portfolio company, NAP GLADU. The merged companies will form a new holding Company, Techniks Industries. (formerly Quintec)