NEFCO Announces Acquisition of Sheinberg Tool Co., Inc.
NEFCO, a specialty supply partner to the professional construction trades, has acquired the Texas-based Sheinberg Tool Co. Inc.
This marks NEFCO’s ninth acquisition since 2022 and expands its branch network to 43 locations, including four in Texas. In addition, it reinforces NEFCO’s commitment to be the single best partner to contractors whenever they build.
Sheinberg Tool Co. Inc. was founded in 1957 by Joseph and Ruth Sheinberg and is currently under the leadership of Joseph and Ruth’s son, Andrew Sheinberg.
“We are excited to welcome Andrew and the rest of the Sheinberg Tool family to NEFCO,” said Matthew Gelles, president & CEO of NEFCO. “We are looking forward to combining two great family run businesses as we integrate Sheinberg Tool into our Texas supply chain and link it up with our Austin Fulfillment Center.”
Since its inception, Sheinberg Tool has catered to all construction, electrical, plumbing, and HVAC customers in the coastal bend. The company has long focused on hand and power tools, cutting tools, abrasives, hoists, jobsite boxes, safety, and more.
“We pride ourselves on our vast product offering, our large in-house inventory, and our knowledgeable sales team,” Sheinberg Tool President Andrew Sheinberg said. “We have always been a family-owned business, and we are excited to join forces and with the NEFCO family to continue to serve the Texas market.”
CONTRACTOR SUPPLY MAGAZINE
The October/November 2024 of Contractor Supply magazine is here!
Our cover story, A Rewarding Passion - Dale Hahs II, third-generation of Denver's AIS Industrial & Construction Supply, is STAFDA's incoming 2025 president.
A Special STAFDA section featuring a welcome address, an agenda, session previewss by presenters and much more. Also in this issue are our Industry Updates on: Lifting, Moving and Material Handling; Lasers, Levels and Measurement; Hand Tools; Cordless Power Tools; Drill Bits and Cutting Tools; and Toolboxes, Bags and Belts.
This digital edition, sponsored by BECK AMERICA Inc., is fully searchable and contains live links to every advertiser and new product listing. Click away!
| Read the Articles Read the Digital Edition |
