M&A Deal Summary

American Storage Acquires Binghamton Material Handling

On July 18, 2022, American Storage acquired manufacturer Binghamton Material Handling

Acquisition Highlights
  • This is American Storage’s 1st transaction in the Manufacturing sector.
  • This is American Storage’s 2nd transaction in the United States.
  • This is American Storage’s 1st transaction in New York.

M&A Deal Summary
Date 2022-07-18
Target Binghamton Material Handling
Sector Manufacturing
Buyer(s) American Storage
Deal Type Add-on Acquisition

Target

Binghamton Material Handling

Binghamton, New York, United States
Binghamton Material Handling specializes in manufacturing and distribution equipment and has been operating in New York and Pennsylvania.

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Buyer(S) 1

Buyer

American Storage

Grand Rapids, Michigan, United States
Category Company
Founded 1968
Sector Business Services
DESCRIPTION

American Storage is a provider of new, used, and refurbished warehouse equipment. In addition to supplying warehouse equipment, the business provides installation, design, teardown, and relocation services. American Storage was founded in 1968 and is based in Grand Rapids, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Granite Industries

Archbold, Ohio, United States

Granite Industries is a distributor and servicer of forklifts. Granite Industries was founded in 1997 and is based in Archbold, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-08 Granite Industries

Archbold, Ohio, United States

Granite Industries is a distributor and servicer of forklifts. Granite Industries was founded in 1997 and is based in Archbold, Ohio.

Sell -
Mergr

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