XCAL TOOLS, a leading provider of OEM production, cutting tools, with new hard-facing capabilities, reclaiming, grading, trenching, foundation drilling bits, and carbide tooling products said it has acquired the assets of TAMCO, Inc., a distributor of pneumatic handheld demolition tools and consumables for the construction markets.
“XCAL is very excited to welcome the TAMCO team and product line into our portfolio,” said David Cunningham, vice president of sales and marketing for XCAL TOOLS. “TAMCO’s focus on high quality and superior service aligns with the XCAL mission and gives us another great product line to offer to core markets. We look forward to working with the TAMCO customer base for years to come.”
TAMCO will operate as a stand-alone brand/entity within the XCAL group. This strategic move aims to leverage the strengths and synergies of both organizations to enhance their market presence and better serve their customers.
“This acquisition aligns with our strategic vision and will allow us to leverage the synergies between our organizations,” said Tony Calandra, group president of Frank Calandra, Inc. (FCI) and Calandra Group, LLC, which owns XCAL and JENNMAR. “We look forward to working closely with the talented team at TAMCO to drive innovation, enhance operational efficiencies, and deliver exceptional value to our customers.”
TAMCO has a strong foothold in the construction industry, specializing in the distribution of pneumatic handheld demolition tools and consumables. Additionally, TAMCO will continue to enhance its in-house manufacturing capabilities of specialty hand tools sold to the railroad industry with XCAL’s assistance.
TAMCO will continue to expand its customer base through new customer acquisition initiatives while simultaneously diversifying its product lines. By capitalizing on their existing strengths and leveraging the expertise and resources of XCAL, TAMCO aims to achieve sustained growth in the coming years.
“We are extremely excited about becoming part of XCAL, an affiliated company of JENNMAR,” said Alan Citron, CEO for TAMCO. “It is apparent that both TAMCO and XCAL value customer relationships and treat their employees like family. I firmly believe with XCAL’s resources and financial stability TAMCO will thrive for many years to come. I am looking forward to becoming part of the family, and so are my employees.”
The acquisition of TAMCO’s assets marks a significant milestone in XCAL TOOLS’s growth strategy. Both companies are committed to ensuring a seamless transition and preserving the strong reputation and customer relationships that TAMCO has cultivated over the years.
The terms of the acquisition were not disclosed.