|
Hilco
Acquires Sadler Brothers |
The Hilsinger Company (Hilco) has acquired Sadler Brothers, a leading supplier of hand tools, equipment, parts and supplies for eyewear manufacturing, processing, and dispensing. The purchase price was not announced.
Located in Attleboro, Mass., seven miles from Hilco, Sadler was founded in 1863 as a jewelry manufacturing company. In the 1920s, the company evolved into an eyewear component manufacturer, and later began manufacturing optical tools and supplies.
Sadler had been continuously owned and operated by the Sadler family for six generations. Sadler president and CEO Tom Sadler has become a director at Hilco. Several other Sadler staff members have also joined the company.
The Hilsinger Company is a leading supplier of consumer and professional eyewear accessories, protective eyewear, and eyecare products in North America and the U.K. In 2007, the company completed four acquisitions including Sadler, Franel Optical, Optical Warehouse, and OnGuard Safety, a major supplier of industrial safety eyewear. |
