Jasper, Ind.-based NAP Gladu, a Techniks Industries, Indianapolis, company, has acquired Ace Saw and Supply Co., Los Alamitos, Calif. For over 50 years, Ace Saw and Supply has provided carbide saw service, bandsaws, hot taps and holesaws. NAP Gladu is a full-service provider and manufacturer of specialized carbide and PCD cutting tools for the woodworking, metal and composite industries.

"The NAP Gladu team looks forward to working with Murdoch [Heidman] and the Ace Saw employees to offer their tremendous knowledge to the customers we serve," said Vern Cameron, CEO and president of Techniks Industries. "The addition of Ace Saw to Techniks Industries' growing portfolio of brands extends our service reach in Southern California and enhances the range of solutions and our value to our customers. We will continue to build our platform with industry-leading brands and by leveraging the incredible depth of collective industry knowledge to drive operational efficiencies and performance for our customers."