# Shelton Machinery acquires Municipal Tool & Machinery, launches TSM Group

Shelton Machinery acquired Municipal Tool & Machinery, now Municipal Machinery, and launched TSM Group as a new parent company. The acquisition expands service territory by 55,000 square miles in Missouri and Kansas.

- Type: Acquisition
- Announced: 2024-03-05
- Where: Fishers, Indiana, United States
- Status: completed
- Products: machine tools, automation solutions, grinding solutions, metrology products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TSM Group](https://endata.com/companies/76089.md)
- [Shelton Machinery](https://endata.com/companies/76087.md) (acquirer)
- [Municipal Tool & Machinery](https://endata.com/companies/76088.md) (target)

## Sources

- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22889145/shelton-machinery-acquires-municipal-tool-machinery-launches-new-company), 2024-03-05: "With direct service in five states, TSM Group will be one of the industry’s strongest distributor networks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.