M&A Deal Summary

Applied Industrial Technologies Acquires Suministros Industriales Enol S.A. de C.V

On May 30, 2008, Applied Industrial Technologies acquired distribution company Suministros Industriales Enol S.A. de C.V

Acquisition Highlights
  • This is Applied Industrial Technologies’ 13th transaction in the Distribution sector.
  • This is Applied Industrial Technologies’ 3rd transaction in Mexico.

M&A Deal Summary

Date 2008-05-30
Target Suministros Industriales Enol S.A. de C.V
Sector Distribution
Buyer(s) Applied Industrial Technologies
Deal Type Add-on Acquisition

Target

Suministros Industriales Enol S.A. de C.V

Puebla, Mexico
Suministros Industriales Enol S.A. de C.V is a distributors of power transmission products including bearings, hydraulic hose, electric motors, conveyor products, and lubricants.

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Buyer(S) 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 STATS #
Overall 13 of 42
Sector: Distribution M&A 13 of 36
Type: Add-on Acquisition M&A Deals 13 of 41
Country: Mexico M&A 3 of 5
Year: 2008 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-17 VYCMEX S.A. de C.V.

Monterrey, Mexico

VYCMEX is a fluid power distributor. VYCMEX operates 5 service centers in Monterrey, Mexico City, Veracruz and San Luis Potosi.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-29 Fluid Power Resource

Pittsburgh, Pennsylvania, United States

Fluid Power Resource LLC is a distributor of hydraulic fluid power equipment.

Buy $166M