Stealth Global Holdings Ltd. announced it has agreed to acquire the business assets of United Tools Albany, Western Australia, store operation (UTA) for $0.46 million in cash, expanding its Western Australian `company-owned' footprint and strengthening its market position. Operating as a bannered United Tools store, UTA is a business-to-business (b2b) and business-to-consumer (b2c) retailer, offering a large range of major quality industrial, tooling, safety, and hardware brands. UTA is also a licensee member of the United Tools buying group, a separate entity that was acquired by Stealth in March 2022.

The buying group business does not own or operate trade retail stores.