M&A Deal Summary

Hy-Tek Acquires Gems Conveyor Installation

On March 9, 2016, Hy-Tek acquired consumer services company Gems Conveyor Installation

Acquisition Highlights
  • This is Hy-Tek’s 1st transaction in the Consumer Services sector.
  • This is Hy-Tek’s 4th transaction in the United States.
  • This is Hy-Tek’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2016-03-09
Target Gems Conveyor Installation
Sector Consumer Services
Buyer(s) Hy-Tek
Deal Type Add-on Acquisition

Target

Gems Conveyor Installation

Cleves, Ohio, United States
Gems Conveyor Installation, Inc. is a provider of set-up, installation, modification and relocation services for the manufacturers of material handling equipments.

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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 4 of 10
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 4 of 10
State (Ohio) 2 of 4
Country (United States) 4 of 10
Year (2016) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-03 Johnson Stephens Consulting

Atlanta, Georgia, United States

Johnson Stephens Consulting, Inc. is a supply chain operations consultancy that provides clients with cost-effective, service-focused solutions. Opportunities include logistics network optimization, facility planning & design, WMS, TMS & LMS services, labor-management engineering, LEAN distribution, and operations excellence. Johnson Stephens Consulting was established in 2003 and is based in Atlanta, Georgia.

Buy -