MONTREAL ― Richelieu Hardware has added another strong Canadian company to its roster with the acquisition of The MIBRO Group.
MIBRO is a supplier of hardware, hand tools and power tool accessories. And while its products are carried by most major outlets in Canada and the U.S., it is also known for its private-label offerings in these lines. In addition, it has rope and chain divisions under King Chain and King Cord, and sells the Wolfcraft brand, a renowned German manufacturer of specialty woodworking tools, for North America.
The addition of MIBRO “will really reinforce the enterprise offering for hardware retailers,” says Richelieu President and CEO Richard Lord.
(Full story on the MIBRO acquisition will appear in our next issue of the Hardlines weekly newsletter, coming to our Faithful Hardlines Subscribers on January 6, 2020!)