INDUSTRY, Calif. - Olympia Tools International Inc. (Olympia Tools) was launched after it acquired the intellectual property related to the Olympia Tools® brand in June of last year.

The new owner, a supplier in the global hand tool market with operations in North and South America, Europe, and Asia, has established its corporate headquarters and distribution center in California. “The focus of Olympia Tools will be on hand tools,” said Ken Sanders, vice president of sales, Olympia Tools. “The core experience of the new owners and management team is a team that averages over 20 years of experience in the U.S. hand tools market.”

Olympia Tools will offer new products, customer service, merchandising, packaging, delivery, and rigorous quality control. Shipping will begin from its new North American distribution center on Feb. 15.

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Publication date:02/12/2007