M&A Deal Summary

Applied Industrial Technologies Acquires Seals Unlimited

On June 15, 2016, Applied Industrial Technologies acquired distribution company Seals Unlimited from Apache

Acquisition Highlights
  • This is Applied Industrial Technologies’ 30th transaction in the Distribution sector.
  • This is Applied Industrial Technologies’ 20th transaction in the United States.
  • This is Applied Industrial Technologies’ 1st transaction in Oregon.

M&A Deal Summary
Date 2016-06-15
Target Seals Unlimited
Sector Distribution
Buyer(s) Applied Industrial Technologies
Sellers(s) Apache
Deal Type Divestiture

Target

Seals Unlimited

Hillsboro, Oregon, United States
Seals Unlimited, Inc. is a distributor of sealing, fastener and hose products.

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Buyer(S) 1

Buyer

Applied Industrial Technologies

Cleveland, Ohio, United States
Category Company
Founded 1923
Sector Distribution
Employees6,350
Revenue 4.4B USD (2023)
DESCRIPTION

Applied Industrial Technologies is an industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. Applied Industrial Technologies was founded in 1923 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 30 of 42
Sector (Distribution) 30 of 36
Type (Divestiture) 1 of 1
State (Oregon) 1 of 2
Country (United States) 20 of 31
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 HUB Industrial Supply

Lake City, Florida, United States

HUB Industrial Supply is a distributor of consumable industrial products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-06 Sentinel Fluid Controls

Indianapolis, Indiana, United States

Sentinel Fluid Controls is a distributor of hydraulic and lubrication components, systems and solutions

Buy -

Seller(S) 1

SELLER

Apache

Cedar Rapids, Iowa, United States
Category Company
Sector Distribution
DESCRIPTION

Apache, Inc. is a wholesale distribution of hose products, conveyor belting, fabricated belting products, and retail industrial products.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 Pacific Belting

Clackamas, Oregon, United States

Pacific Belting, Inc. is a distributor of conveyor belting and conveyor components.

Buy -
Mergr

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