M&A Deal Summary

Bridgestone HosePower Acquires Industrial Rubber

On May 31, 2018, Bridgestone HosePower acquired distribution company Industrial Rubber

Acquisition Highlights
  • This is Bridgestone HosePower’s 2nd transaction in the Distribution sector.
  • This is Bridgestone HosePower’s 1st transaction in Canada.
  • This is Bridgestone HosePower’s 1st transaction in New Brunswick.

M&A Deal Summary

Date 2018-05-31
Target Industrial Rubber
Sector Distribution
Buyer(s) Bridgestone HosePower
Deal Type Add-on Acquisition

Target

Industrial Rubber

Bathurst, New Brunswick, Canada
Industrial Rubber Co. is a distributor of hydraulic and industrial hose, fittings and related accessories. The company has two locations located in Elizabeth and Bridgewater, New Jersey.

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Buyer(S) 1

Buyer

Bridgestone HosePower

Orange Park, Florida, United States

Category Company
Sector Retail
DESCRIPTION

Bridgestone HosePower, LLC is a hose sales and service company offers hydraulic and industrial hoses, hose assemblies and mobile hose services to customers, and has 40 branch locations in the United States and one location in Mexico. Bridgestone HosePower is a wholly owned indirect subsidiary of Bridgestone Corporation.


DEAL STATS #
Overall 2 of 3
Sector (Distribution) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (New Brunswick) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 Fittings

Seattle, Washington, United States

Fittings, Inc. is a distributor of hydraulic and industrial hose, fittings and related accessories. The company has one location in Seattle, WA. The company serves re-distribution, OEM and over the counter customers in a variety of industries across northern Washington.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-11 Cline

Greenville, South Carolina, United States

Cline is a family-owned business offering industrial hose and hydraulics distribution, and OEM fabrication. The company also repairs hydraulic system components and power units, both in the state-of-the-art technical center and its location. Cline was formed in 1948 and is based in Greenville, South Carolina.

Buy -