News: Kincrome Acquires Finkal
Following more than fifteen years distribution of Finkal punches, Kincrome has taken full ownership of the Australian brand. Australian production will continue for the iconic brand with greater emphasis placed on improved quality with higher grades of steel, yet maintaining the competitive pricing edge. Announcing the acquisition, Kincrome Group Chairman, Ron Burgoine said: “We recognised the enormous potential for the brand back in 1995 when we licensed the distribution from Finlay Engineering. It was the right fit for Kincrome and we decided to give it a new presence in the market,” he said. Known as Australia’s leading Punch since the early 1950s, Finkal red wallets and the range of speciality striking products have become synonymous with quality throughout the automotive, industrial and hardware markets. The company will be announcing a series of innovations in the Finkal punch and chisel program in the coming months. The Finkal brand acquisition follows the recently announced Lisle Tool exclusive agency agreement.