M&A Deal Summary

Franklin Machine Products Acquires Duraparts

On March 25, 2015, Franklin Machine Products acquired distribution company Duraparts

Acquisition Highlights
  • This is Franklin Machine Products’ 1st transaction in the Distribution sector.
  • This is Franklin Machine Products’ 1st transaction in the United States.
  • This is Franklin Machine Products’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2015-03-25
Target Duraparts
Sector Distribution
Buyer(s) Franklin Machine Products
Deal Type Add-on Acquisition

Target

Duraparts

Greer, South Carolina, United States
Duraparts is a parts distributor specializing in parts and equipment for fast service restaurants. Duraparts was established in 1977 and is headquartered in Greer, South Carolina.

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Buyer(S) 1

Buyer

Franklin Machine Products

Lumberton, New Jersey, United States

Category Company
Founded 1918
Sector Distribution
DESCRIPTION

Franklin Machine Products, Inc. is a distributor of foodservice repair parts and accessory items. Franklin Machine Products, Inc. was established in 1918 and is headquartered in Lumberton, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1