M&A Deal Summary

AZZ Acquires Centrix Powder Coating

On April 12, 2019, AZZ acquired chemicals company Centrix Powder Coating

Acquisition Highlights
  • This is AZZ’s 1st transaction in the Chemicals sector.
  • This is AZZ’s 14th transaction in the United States.
  • This is AZZ’s 2nd transaction in Florida.

M&A Deal Summary
Date 2019-04-12
Target Centrix Powder Coating
Sector Chemicals
Buyer(s) AZZ
Deal Type Add-on Acquisition

Target

Centrix Powder Coating

Tampa, Florida, United States
K2 Partners, Inc. is a provider of regional powder coating and electroplating services. K2 offers customers high-quality powder coating services through the use of automated powder coating lines optimized for high volume, quick turn jobs. K2 Partners, Inc. was founded in 1999 and is based in Tampa, Florida.

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Buyer(S) 1

Buyer

AZZ

Fort Worth, Texas, United States
Category Company
Founded 1956
Sector Electrical Equipment
Employees3,873
Revenue 1.5B USD (2024)
DESCRIPTION
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.

AZZ is an electrical equipment manufacturer serving the global markets of industrial, power generation, transmission and distribution, as well as a provider of hot dip galvanizing services to the North American steel fabrication market. AZZ was founded in 1956 and is based in Fort Worth, Texas.

DEAL STATS #
Overall 14 of 20
Sector (Chemicals) 1 of 2
Type (Add-on Acquisition) 10 of 15
State (Florida) 2 of 2
Country (United States) 14 of 19
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-04 Tennessee Galvanizing

Jasper, Tennessee, United States

Tennessee Galvanizing, Inc. is a provider of galvanizing services. The Company operates four distinct galvanizing lines in its Jasper, Tennessee location, including centrifuge, rod, conveyor, and traditional hot-dip galvanizing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-26 NuZinc

Garland, Texas, United States

NuZinc LLC is a provider of electroplating services to the markets of aerospace, defense, telecommunications, medical, transportation and commercial industries. NuZinc was founded in 1993 and is based in Garland, Texas.

Buy -
Mergr

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