Precision Tools & Technology
Precision Tools & Technology is a privately-held Australian specialist importer and distributor, founded in 1968, supplying niche industrial, life sciences, animal technology, and craft products across Australasia via four operating pillars and dual Australia–New Zealand headquarters.
- Company typePrivate
- Founded-
- HeadquartersEast Brisbane, Australia
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Precision Tools & Technology does
Precision Tools & Technology is a privately-held Australian specialist import and distribution business operating since 1968 under ABN 85 010 701 818. The company supplies high-quality specialized products to niche markets across Australasia through four distinct business pillars: the Craft Industries Group (CIG) for jewellery and craft supplies; the Industrial & Specialty Gas Group (ISGG) for gas equipment, anchored by a core partnership with Harris Products Group; the Animal Technology Group (ATG) for dog training, equine, and poultry equipment; and the Life Sciences Group (LSG) for dental and scientific instrumentation. The company maintains dual headquarters — an Australian Head Office at 57 Caswell St, East Brisbane, Queensland, and a New Zealand Head Office at 22a The Boulevard, Te Rapa Park, Hamilton — giving it cross-Tasman coverage of the Australasian market.
The product portfolio consists of imported physical goods rather than proprietary technology. Each pillar operates as a distribution channel for partner brands: within Craft Industries, AJS Jewellers Supplies, Peekays Findings, and Warburtons (NZ); within Industrial & Specialty Gas, Harris Products Group with dedicated Australia and New Zealand dealer pages; within Animal Technology, DogMaster (AU and NZ), Advanced Equine Supplies, and Poultry Equipment Supplies; within Life Sciences, Dental Brands Australia and the Australian Institute of Sport's AusInst instrumentation line. No proprietary software, applications, API, or technology stack is disclosed.
The business model is straightforward B2B import-and-distribution, generating revenue primarily through hardware sales (import markup on specialized products) routed through channel-partner relationships into niche end-markets. Pricing is not publicly disclosed and operates on a quote-based model typical of specialized industrial and scientific product distribution. The customer base spans veterinary, dental, scientific research, jewellery/craft, industrial gas, and animal-care segments, with no single end-customer concentration identified in available sources. The company operates with a notably lean headcount of approximately 10 employees, reflecting an asset-light, relationship-driven operating model.
Precision Tools & Technology firmographics
Firmographics- Name
- Precision Tools & Technology
- Legal name
- Precision Tools & Technology ABN 85 010 701 818
- Website
- https://precisiontt.com.au
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Precision Tools & Technology is a privately-held Australian specialist importer and distributor, founded in 1968, supplying niche industrial, life sciences, animal technology, and craft products across Australasia via four operating pillars and dual Australia–New Zealand headquarters.
- Ownership category
- akta.pro rank
Precision Tools & Technology industry classification
Industry- Product category
- Industrial Equipment Distribution
- NAICS
- Cutlery and Handtool Manufacturing (33221), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Surgical and Medical Instrument Manufacturing (339112)
- SIC
- Cutlery, Handtools & General Hardware (3420), Pens, Pencils & Other Artists' Materials (3950), Special Industry Machinery, Nec (3559)
- akta.pro primary industry
- Crafting Tools & Equipment Retail (Cutting, Adhesives, Heat Tools) (CRALACAC)
- akta.pro secondary industries
- Test, Measurement & Lab Equipment Retail (CRACAKAH), Tools & Tool Accessories Retail (Hand, Power, Pneumatic) (CRAIADAB)
Keywords
Where Precision Tools & Technology is headquartered
LocationHeadquarters
- HQ city
- East Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Precision Tools & Technology business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Product Distribution: Import and distribution of high-quality specialized products to niche markets across Australasia. Products are distributed through four business pillars: Craft Industries, Industrial & Specialty Gas, Animal Technology, and Life Sciences.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Precision Tools & Technology product offering
Product offeringCore offering
Precision Tools & Technology is a specialist import and distribution business that supplies high-quality specialized products to niche markets across Australasia. The company operates four business divisions: Craft Industries Group (CIG), Industrial & Specialty Gas Group (ISGG), Animal Technology Group (ATG), and Life Sciences Group (LSG), each distributing partner-brand equipment and supplies to vertical-specific end customers in Australia and New Zealand.
Product overview
Precision Tools & Technology is a specialist import and distribution business that operates as a unified platform supplying high-quality products to niche markets across Australasia through four distinct business divisions: Craft Industries Group (CIG), Industrial & Specialty Gas Group (ISGG), Animal Technology Group (ATG), and Life Sciences Group (LSG). Each division serves specific market segments with a portfolio of brand and partner products, including jewellers supplies, industrial gas equipment, animal technology products, and life sciences equipment. The company maintains Australian head office operations in East Brisbane, Queensland and New Zealand head office in Hamilton.
Differentiator
Problem solved
Functional benefit
Brands
- Craft Industries Group (CIG): Business pillar focused on craft industry products including jewellery supplies and related equipment
- Industrial & Specialty Gas Group (ISGG)
- Animal Technology Group (ATG)
- Life Sciences Group (LSG)
Products and services
- Craft Industries Group (CIG) A business division supplying high-quality products to niche craft markets across Australasia, serving jewellers supplies, general craft, and findings segments.
- Industrial & Specialty Gas Group (ISGG) A business division supplying industrial and specialty gas equipment and products to niche markets across Australasia.
- Animal Technology Group (ATG) A business division supplying animal technology products including dog training equipment, equine supplies, and poultry equipment to niche markets across Australasia.
- Life Sciences Group (LSG) A business division supplying life sciences products and equipment to niche markets across Australasia.
Companies that use Precision Tools & Technology
Customer profileSegments4 records
Ideal customer profiles4 records
Precision Tools & Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Precision Tools & Technology partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor and core.
- Dental Brands AustraliaminorBrand featured in the Life Sciences group section of the Precision Tools & Technology website
- Australian Institute of SportminorBrand featured in the Life Sciences group section of the Precision Tools & Technology website
- DogMasterminorBrand featured in the Animal Technology group section - Australian dog training equipment supplier
- DogMaster NZminorBrand featured in the Animal Technology group section - New Zealand dog training equipment supplier
- Advanced Equine SuppliesminorBrand featured in the Animal Technology group section - Australian equine equipment supplier
- Poultry Equipment SuppliesminorBrand featured in the Animal Technology group section - Australian poultry equipment supplier
- Harris Products GroupcoreFeatured brand in the Industrial & Specialty Gas group. Harris Products Group is a major manufacturer of gas equipment. The company has dedicated dealer pages for both Australia and New Zealand markets.
- AJS Jewellers SuppliesminorBrand featured in the Craft Industries group section - Australian jewellery making supplies
- WarburtonsminorBrand featured in the Craft Industries group section - New Zealand craft supplies
- Peekays FindingsminorBrand featured in the Craft Industries group section - Australian findings and jewellery supplies
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Precision Tools & Technology competitors and assessment
Company assessmentDirect peers
- Coventry Group: Australian specialty industrial distributor serving niche industrial markets with a portfolio of distribution rights across multiple product categories. Comparable as an ANZ-based multi-vertical specialty distribution platform.
- Blackwoods: Australia's largest industrial distribution business, supplying specialty tools, gas equipment, safety products and maintenance supplies to industrial customers. Directly comparable as an ANZ industrial specialty distributor serving similar industrial end-markets.
- IPD Group: Australian industrial product distributor focused on electrical, automation, and specialty industrial equipment serving niche B2B channels. Highly analogous vertically-segmented distribution model targeting technical end-customers in ANZ.
- Cooksongold: UK-based supplier of jewellery-making tools, findings, and craft materials serving hobbyist and professional jewellers. Highly comparable to the Craft Industries Group's AJS Jewellers Supplies and Peekays Findings portfolio in product mix and customer segment.
- Rio Grande: Specialty distributor of jewellery-making tools, findings, and craft supplies serving professional and artisan jewellers. The closest direct comparator to Precision Tools & Technology's Craft Industries Group, with overlapping SKUs and end-customer profile.
Broad incumbents
- Bunzl plc: Global specialty distribution group operating across multiple product categories including industrial, healthcare, and consumables. Demonstrates the multi-vertical specialty distribution model at scale that the subject company follows.
- Henry Schein: Global leader in dental and medical product distribution serving practitioners and animal health customers. Comparable to Precision Tools & Technology's Life Sciences pillar and partially its Animal Technology vertical, though vastly larger and more specialized.
- Air Liquide: Global industrial and specialty gas supplier operating across Australasia with related welding and gas-equipment distribution arms. Comparable to Precision Tools & Technology's Industrial & Specialty Gas pillar but at vastly greater scale.
- RS Components: Global broad-line industrial and electronics product distributor with strong ANZ presence, serving maintenance, MRO, and laboratory customers. Overlaps with Precision Tools & Technology's distribution channel and end-market mix but offers a far broader SKU portfolio.
- Patterson Companies: US-based distributor of dental and animal health products to professional end-markets. Direct analog for the company's Life Sciences and Animal Technology verticals, serving veterinarians and dental practitioners with specialty products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Precision Tools & Technology social profiles
Digital presencePrecision Tools & Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Tools & Technology leadership team
Management profileNumber of profiles
Precision Tools & Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Tools & Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Tools & Technology
What does Precision Tools & Technology do?
Precision Tools & Technology is a specialist import and distribution business that supplies high-quality specialized products to niche markets across Australasia. The company operates four business divisions: Craft Industries Group (CIG), Industrial & Specialty Gas Group (ISGG), Animal Technology Group (ATG), and Life Sciences Group (LSG), each distributing partner-brand equipment and supplies to vertical-specific end customers in Australia and New Zealand.
Is Precision Tools & Technology a public or private company?
Precision Tools & Technology is a private company. It is classified as unknown and is currently operating.
When was Precision Tools & Technology founded?
Precision Tools & Technology was founded in -1. It employs 1 to 10 people.
Where is Precision Tools & Technology based?
Precision Tools & Technology is headquartered in East Brisbane, Australia, in the Oceania region.
How does Precision Tools & Technology make money?
One revenue line is on record: product Distribution.
Who are Precision Tools & Technology's main competitors?
Direct peers on record are Coventry Group, Blackwoods, IPD Group, Cooksongold and Rio Grande. Broad incumbents are Bunzl plc, Henry Schein, Air Liquide, RS Components and Patterson Companies.
Does Precision Tools & Technology have an API?
No public API is recorded for Precision Tools & Technology.
What industry is Precision Tools & Technology in?
Precision Tools & Technology's product category is Industrial Equipment Distribution. Its primary akta.pro industry code is CRALACAC, Crafting Tools & Equipment Retail (Cutting, Adhesives, Heat Tools), with a secondary code of CRACAKAH, Test, Measurement & Lab Equipment Retail. Its NAICS code is 33221 and its SIC code is 3420.