Park-Ohio - M&A Summary and Business Overview

MachineryCompany

Park-Ohio M&A Summary

Park-Ohio has acquired 10 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Park-Ohio’s largest acquisition to date was in 2012, when it acquired Fluid Routing Solutions for $98M. It’s largest disclosed sale occurred in 2023, when it sold Park-Ohio - Aluminum Products Business to Angstrom-USA for $53M. Park-Ohio has acquired in 4 different US states, and 5 countries. The Company’s most targeted sectors include manufacturing (40%) and distribution (30%).

Park-Ohio Business Overview

Where is Park-Ohio headquartered?

Park-Ohio is headquartered in Cleveland, Ohio.

What is Park-Ohio’s revenue?

Park-Ohio disclosed revenue of 1,660M USD for 2023 and 1,493M USD for 2022.

How many employees does Park-Ohio have?

Park-Ohio has 6,300 employees.

What sector is Park-Ohio in?

Park-Ohio is a machinery company.

When was Park-Ohio founded?

Park-Ohio was founded in 1907.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity10
    • M&A Sell Activity1
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 5

Park-Ohio

Park-Ohio Holdings Corp.

6065 Parkland Boulevard,
Cleveland, Ohio 44124
United States,
(440) 947-2000
www.pkoh.com

Park-Ohio is a diversified industrial holding company providing integrated supply chain management services and highly engineered products. Park-Ohio was founded in 1907 and is based in Cleveland, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 8 - 1 - - 1 10
vol $118M $118M
Sell (0.2/yr) # - - - - 1 - 1
vol $53M $53M
  11

Most Recent M&A

Company Date Value Type
EMA Indutec GmbH 2024-02-29 - Add-on Acquisition
Meckesheim, Germany · www.ema-indutec.com
Park-Ohio - Aluminum Products Business 2023-12-29 53M USD Divestiture
Cleveland, Ohio
NYK Component Solutions Ltd. 2021-04-22 - Add-on Acquisition
Southampton, United Kingdom · www.nykcs.com
EFCO, Inc. 2019-05-21 - Add-on Acquisition
Erie, Pennsylvania · www.eriepress.com
Canton Drop Forge, Inc. 2018-02-01 - Add-on Acquisition
Canton, Ohio · www.cantondropforge.com
Heads & All Threads Ltd. 2017-10-05 - Add-on Acquisition
Birmingham, United Kingdom · www.heads.co.uk
GH Electrotermia SA 2017-01-09 - Add-on Acquisition
Valencia, Spain · www.ghinduction.com
SAET S.p.A 2014-11-17 21M EUR Add-on Acquisition
Leinì, Italy · www.saetgroup.com
Henry Halstead Ltd. 2013-10-01 - Add-on Acquisition
Preston, United Kingdom · www.kanbanexperts.co.uk
Bates LLC 2013-05-01 - Divestiture
Lobelville, Tennessee
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Fluid Routing Solutions, Inc.    - EP Cleveland, Inc. 2009-12-10 1
Southfield, Michigan · www.fluidrouting.com Valley View, Ohio · www.europowerinc.com

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 4 (40%) - 1 (100%) 53M (100%)
Distribution 3 (30%) - - -
Automotive 1 (10%) 98M (82%) - -
Business Services 1 (10%) - - -
Engineering 1 (10%) 21M (18%) - -
Total 10 $118M 1 $53M

By Geo

State/Country Buy Value Sell Value
United States 4 98M 1 53M
  Ohio 1 - 1 53M
  Tennessee 1 - - -
  Pennsylvania 1 - - -
  Michigan 1 98M - -
United Kingdom 3 - - -
Germany 1 - - -
Italy 1 21M - -
Spain 1 - - -
Domestic 4 (40%) 98M (82%) 1 (100%) 53M (100%)
Cross-border 6 (60%) 21M (18%) - -
Total 10 $118M 1 $53M

Deal Values

buy # Total
< $100M 2 $118M
TOTAL $118M
Largest Fluid Routing Solutions, Inc.
$98M (2012-03-27)
sell # Total
< $100M 1 $53M
TOTAL $53M
Largest Park-Ohio - Aluminum Products Business
$53M (2023-12-29)

M&A Connections

Deals
Acquired from
Investor(s)
30%
3 (30%)
Strategic(s)
10%
1 (10%)
Divested to
Strategic(s)
100%
1 (100%)

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