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M&A Deal Summary

IPS Acquires American Brass and Aluminum Foundry

On August 18, 2010, IPS acquired building materials company American Brass and Aluminum Foundry

Acquisition Highlights
  • This is IPS’s 1st transaction in the Building Materials sector.
  • This is IPS’s 1st transaction in the United States.
  • This is IPS’s 1st transaction in California.

M&A Deal Summary
Date 2010-08-18
Target American Brass and Aluminum Foundry
Sector Building Materials
Buyer(s) IPS
Deal Type Add-on Acquisition

Target

American Brass and Aluminum Foundry

Los Angeles, California, United States
American Brass and Aluminum Foundry, Inc. is a producer and marketer of bath wastes, plastic, cast iron and brass plumbing drains and fittings, cleanouts and associated accessories.

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Buyer(S) 1

Buyer

IPS

Compton, California, United States
Category Company
Founded 1954
Sector Chemicals
DESCRIPTION

IPS is a manufacturer of a wide range of adhesive cement, structural adhesives, and niche plumbing products primarily for residential, commercial, industrial, and international markets. IPS was founded in 1954 and is based in Compton, California.

DEAL STATS #
Overall 1 of 4
Sector: Building Materials M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 3
State: California M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2010 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-09 Schwartz Chemical - Solvent Cement Assets

Canada

Schwartz Chemical - Solvent Cement Assets provides adhesives, solvent cements, labor-saving plumbing specialty items and numerous components and supplies.

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Mergr

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