ANNANDALE, Minnesota — The Malco Group is proud to announce the acquisition of Veto Pro Pac, a maker of high-quality tool storage solutions. This strategic move further strengthens The Malco Group’s growing portfolio of brands serving skilled trade professionals across the Americas.
Veto Pro Pac was founded in 2002 by Roger Brouard, a carpenter by trade with over 30 years of experience, who was frustrated with low quality tool bags that lacked functionality and vertical storage.
“We’re proud to bring Veto into The Malco Group’s family of pro-favorite brands,” said Rich Benninghoff, CEO of The Malco Group. “This acquisition not only enhances the solutions we offer to our customers but also reinforces our leadership position in the industry. Veto’s quality, innovation and commitment to the trades make it a natural fit within our portfolio.”
Aspen Pumps Group, the UK-based parent company of The Malco Group, has a long-standing and well-established trading relationship with Veto in Europe and Australia. This acquisition will allow Veto to expand the brand’s global reach while unlocking new opportunities in international markets.
“Veto Pro Pac is a strong addition to the Aspen Pumps Group,” added Adrian Thomson, CEO of Aspen Pumps Group. “We are excited to build upon Veto’s reputation in Europe and expand its presence across the region. This is a great step forward in aligning world-class brands with localized customer support.”
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