Divestiture • Distribution

Applied Industrial Technologies Acquires Seals Unlimited

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date June 15, 2016
Target Seals Unlimited
Sector Distribution
Buyer(s) Applied Industrial Technologies
Sellers(s) Apache
Deal Type Divestiture

Target Company

Seals Unlimited

Hillsboro, Oregon, United States
Seals Unlimited, Inc. is a distributor of sealing, fastener and hose products.
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Buyer Overview 1

Buyer

Applied Industrial Technologies

Cleveland, Ohio, United States

Category Company
Founded 1923
Sector Distribution
Employees6,916
Revenue 4.5B USD (2024)
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 Context for Buyer #
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 Profile 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 Context for Seller #
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 -