Huntsville, Ala.-based T-H Marine Supplies said it acquired Designer Tool and Products, a supplier of hatches, deck plates and seals headquartered in Tampa, Fla.
Designer Tool and Products had been a T-H Marine supplier for more than a decade. T-H Marine said in a statement that the acquisition will gain “immediate logistical synergies and broadened capabilities,” and “substantially increase hatch and deck plate production capacity.”
“T-H Marine is excited to complete this vertical integration, acquiring our most valued hatch supplier,” said CEO Jeff Huntley. “We will continue to pursue acquisitions of businesses, such as Designer Tool, to expand our reach and enable us to become an even more indispensable and reliable supplier.”
