M&A Deal Summary

Lozier Acquires Leggett & Platt - Store Fixtures Group

On October 31, 2014, Lozier Corp. acquired manufacturing company Leggett & Platt - Store Fixtures Group from Leggett & Platt, Inc. for 62M USD

Acquisition Highlights
  • This is Lozier’s 1st transaction in the Manufacturing sector.
  • This is Lozier’s 1st largest (disclosed) transaction.
  • This is Lozier’s 1st transaction in the United States.

M&A Deal Summary

Date 2014-10-31
Target Leggett & Platt - Store Fixtures Group
Sector Manufacturing
Buyer(s) Lozier Corp.
Sellers(s) Leggett & Platt, Inc.
Deal Type Divestiture
Deal Value 62M USD

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Buyer(S) 1

Buyer

Lozier Corp.

Omaha, Nebraska, United States

website


Category Company
Founded 1956
SectorManufacturing
DESCRIPTION

Lozier,is a manufacturing and supplying store fixtures to retail chains since 1956. Through its manufacturing and distribution facilities located in Pennsylvania, Alabama and Missouri, Lozier services retail customers in a variety of industries including grocery, automotive, hardware, pharmacy and sporting goods.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Leggett & Platt, Inc.

Carthage, Missouri, United States

website


Category Company
Founded 1883
SectorManufacturing
Employees20,300
Revenue 5.1B USD (2021)
DESCRIPTION
Leggett & Platt's corporate headquarters in Carthage, Missouri.
Leggett & Platt's corporate headquarters in Carthage, Missouri.

Leggett & Platt is a diversified manufacturer that conceives, designs and produces a wide range of engineered components and products found in many homes, offices, retail stores, automobiles and commercial aircraft. The Company's residential furnishing's segment supplies a variety of components used by bedding and upholstered furniture manufacturers in the assembly of their finished products. The Company's commercial fixtures and components group designs, produces, installs and manages our customers’ store fixtures projects as well as designs, manufactures, and distributes a wide range of engineered components and products primarily for the office seating market. The Company's industrial materials segment manufactures a variety of wires and tubing products. The Company's specialized product segment designs, produces and sells components for automotive seating, specialized machinery and equipment, and service van interiors. Leggett & Platt was formed in 1883 and is based in Carthage, Missouri.


DEAL STATS #
Overall 7 of 9
Sector (Manufacturing) 2 of 4
Type (Divestiture) 7 of 9
Country (United States) 5 of 7
Year (2014) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-26 Team Fenex Ltd.

Sandoval, Illinois, United States

Team Fenex Ltd., provides a large variety of blowers, submersible pumps, and other accessories used in manhole support for underground utility companies and contractors.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-29 Gamber-Johnson LLC

Stevens Point, Wisconsin, United States

Gamber-Johnson LLC is a manufacturer of ruggedized computer mounting systems that are designed to safely secure and stabilize electronics in professional vehicles for various end markets. Gamber-Johnson was formed in 1954 and is based in Stevens Point, Wisconsin.

Sell -