M&A Deal Summary

Hy-Tek Acquires Allied Conveyor Systems

On January 29, 2014, Hy-Tek acquired machinery company Allied Conveyor Systems

Acquisition Highlights
  • This is Hy-Tek’s 2nd transaction in the Machinery sector.
  • This is Hy-Tek’s 2nd transaction in the United States.
  • This is Hy-Tek’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2014-01-29
Target Allied Conveyor Systems
Sector Machinery
Buyer(s) Hy-Tek
Deal Type Add-on Acquisition

Target

Allied Conveyor Systems

Winder, Georgia, United States
Allied Conveyor Systems, Inc. is a designer, manufacturer and installation of premium quality materials handling systems.

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Buyer(S) 1

Buyer

Hy-Tek

Columbus, Ohio, United States
Category Company
Founded 1963
Sector Business Services
Employees475
DESCRIPTION

Hy-Tek is a provider of material handling solutions for an extensive range of industries including manufacturing, distribution, retail, pharmaceutical, food, electronics, and automotive. Hy-Tek was founded in 1963 and is based in Columbus, Ohio.

DEAL STATS #
Overall 2 of 10
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 2 of 10
State (Georgia) 2 of 3
Country (United States) 2 of 10
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-29 Conveying Solutions

Winder, Georgia, United States

Conveying Solutions, Inc. is a provider of material handling solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-09 Applied Handling Equipment

Dayton, Ohio, United States

Applied Handling Equipment Co., Inc. is a provider of equipment for ergonomic, material handling and storage needs.

Buy -
Mergr

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