M&A Deal Summary

AZZ Acquires Lectrus

On March 13, 2018, AZZ acquired manufacturer Lectrus

Acquisition Highlights
  • This is AZZ’s 2nd transaction in the Manufacturing sector.
  • This is AZZ’s 12th transaction in the United States.
  • This is AZZ’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2018-03-13
Target Lectrus
Sector Manufacturing
Buyer(s) AZZ
Deal Type Special Situations/Distressed

Target

Lectrus

Chattanooga, Tennessee, United States
Lectrus Corp. is a designer and manufacturer of custom metal enclosures and electrical and mechanical integration. The company offers a unique combination of services: custom engineering, project management, integration, site installation, and post-sale customer support.

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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 12 of 20
Sector (Manufacturing) 2 of 4
Type (Special Situations/Distressed) 1 of 1
State (Tennessee) 1 of 2
Country (United States) 12 of 19
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-01 Rogers Brothers

Rockford, Illinois, United States

Rogers Brothers Co. is a provider of regional galvanizing services specializes in galvanizing of small parts including fasteners, washers and castings. Rogers Brothers was founded in 1898 and is based in Rockford, Illinois.

Buy -
FOLLOWING 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 -
Mergr

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