M&A Deal Summary

Flanders Acquires Pronamic Industries

On March 18, 2015, Flanders acquired apparel/textiles company Pronamic Industries

Acquisition Highlights
  • This is Flanders’ 1st transaction in the Apparel/Textiles sector.
  • This is Flanders’ 1st transaction in the United States.
  • This is Flanders’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-03-18
Target Pronamic Industries
Sector Apparel/Textiles
Buyer(s) Flanders
Deal Type Add-on Acquisition

Target

Pronamic Industries

Washington, North Carolina, United States
Pronamic Industries LLC is a manufacturer, sale, and distribution of fiberglass media and materials for use in the air filtration and related industries.

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Buyer(S) 1

Buyer

Flanders

Washington, North Carolina, United States
Category Company
Founded 1986
Sector Manufacturing
Employees2,500
DESCRIPTION

Flanders Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of air filters and related products.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Mergr

Product

Company

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