M&A Deal Summary

Gates Industrial Acquires Atlas Hydraulics

On October 3, 2017, Gates Industrial acquired manufacturer Atlas Hydraulics

Acquisition Highlights
  • This is Gates Industrial’s 1st transaction in the Manufacturing sector.
  • This is Gates Industrial’s 1st transaction in Canada.
  • This is Gates Industrial’s 1st transaction in Ontario.

M&A Deal Summary

Date 2017-10-03
Target Atlas Hydraulics
Sector Manufacturing
Buyer(s) Gates Industrial
Deal Type Add-on Acquisition

Target

Atlas Hydraulics

Brantford, Ontario, Canada
Atlas Hydraulics is a fully-integrated product engineering, manufacturing, and commercial business headquartered in Brantford, Ontario, Canada. With locations in Canada, the U.S., and Mexico, the company specializes in the design, manufacture, and supply of hydraulic tube and hose assemblies.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Gates Industrial

Denver, Colorado, United States

Category Company
Founded 1911
Sector Manufacturing
Employees14,700
Revenue 3.6B USD (2023)
DESCRIPTION

Gates Industrial is a manufacturer of power transmission belts and a premier global manufacturer of fluid power products. Gates Industrial was founded in 1911 and is based in Denver, Colorado.


DEAL STATS #
Overall 2 of 3
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-02 Stackpole International

Ancaster, Ontario, Canada

Stackpole International, Inc. is a manufacturer and sole source supplier of highly-engineered oil pumps and powdered metal components to automotive original equipment manufacturers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-26 RAPRO Kimya Turizm Bilişim San. ve Tic. A.Ş.

Izmir, Turkey

RAPRO Kimya Turizm Bilişim San. ve Tic. A.Ş. is a manufacturer of molded and branched hoses and other products used primarily in commercial, heavy-duty and light vehicle replacement applications. RAPRO Kimya Turizm Bilişim San. ve Tic. A.Ş. is based in Izmir, Turkey.

Buy -