M&A Deal Summary

MSC Industrial Direct Acquires Barnes Group - North American Distribution Business

On April 22, 2013, MSC Industrial Direct acquired distribution company Barnes Group - North American Distribution Business from Barnes Group for 550M USD

Acquisition Highlights
  • This is MSC Industrial Direct’s 5th transaction in the Distribution sector.
  • This is MSC Industrial Direct’s largest (disclosed) transaction.
  • This is MSC Industrial Direct’s 5th transaction in the United States.
  • This is MSC Industrial Direct’s 1st transaction in Ohio.

M&A Deal Summary

Date 2013-04-22
Target Barnes Group - North American Distribution Business
Sector Distribution
Buyer(s) MSC Industrial Direct
Sellers(s) Barnes Group
Deal Type Divestiture
Deal Value 550M USD

Target

Barnes Group - North American Distribution Business

Cleveland, Ohio, United States
Barnes Group - North American Distribution Business ( BDNA), is a distributor of fasteners and other high margin, low cost consumables with a broad distribution footprint throughout the U.S. and Canada.

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Buyer(S) 1

Buyer

MSC Industrial Direct

Melville, New York, United States

website


Category Company
Founded 1941
Sector Distribution
Employees6,372
Revenue 3.7B USD (2022)
DESCRIPTION

MSC Industrial Direct is one of the direct marketers and premier distributors of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout the United States. MSC employs sales forces and distributes over 500,000 industrial products from over 2000 suppliers to over 300,000 customers. MSC Industrial Direct was founded in 1941 and is based in Melville, New York.


DEAL STATS #
Overall 5 of 13
Sector (Distribution) 5 of 12
Type (Divestiture) 3 of 3
State (Ohio) 1 of 3
Country (United States) 5 of 12
Year (2013) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-18 American Tool Supply

Chicopee,, Massachusetts, United States

American Tool Supply, Inc. provides customers with a full line of metalworking supplies and an experienced metalworking sales team.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-07 DECO Tool Supply

Locust Grove, Georgia, United States

DECO Tool Supply Co. is an industrial supply distributor. DECO Tool Supply is based in Locust Grove, Georgia.

Buy -

Seller(S) 1

SELLER

Barnes Group

Bristol, Connecticut, United States

website


Category Company
Founded 1857
Sector Manufacturing
Employees5,200
Revenue 1.3B USD (2022)
DESCRIPTION

Barnes Group is an international aerospace and industrial manufacturing and service provider, serving a wide range of end markets and customers. The products and services provided by Barnes Group are used in far-reaching applications that provide transportation, communication, manufacturing and technology to the world. Barnes Group was incorporated in 1857 and is based in Bristol, Connecticut.


DEAL STATS #
Overall 2 of 3
Sector (Distribution) 1 of 1
Type (Divestiture) 2 of 3
State (Ohio) 1 of 1
Country (United States) 2 of 3
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-27 Synventive Molding Solutions

Peabody, Massachusetts, United States

Synventive Molding Solutions, Inc. is a solutions provider to the injection molding industry. Synventive is a designers, manufacturers and suppliers of hot runner systems and related components to the automotive, electronics, healthcare, and consumer packaging industries. Hot runner systems channel molten plastic from injection molding machines into molds. These systems are used in the molding of a variety of plastic products ranging from small medical devices to large automobile parts.

Buy $335M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 Otto Männer

Bahlingen, Germany

Otto Männer GmbH, is a provider of high precision mold-making, valve gate hot runner systems, and system solutions for the medical/pharmaceutical, packaging, and personal care/health care industries.

Buy €275M