M&A Deal Summary

KIC Acquires Clymer Enterprises

On June 29, 2000, KIC acquired machinery company Clymer Enterprises

Acquisition Highlights
  • This is KIC’s 1st transaction in the Machinery sector.
  • This is KIC’s 1st transaction in the United States.
  • This is KIC’s 1st transaction in Vermont.

M&A Deal Summary

Date 2000-06-29
Target Clymer Enterprises
Sector Machinery
Buyer(s) KIC
Deal Type Add-on Acquisition

Target

Clymer Enterprises

Blacksburg, Vermont, United States
Clymer Enterprises, located in Pandora, Ohio, is a manufacturer of industrial racks and agricultural equipment.

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Buyer(S) 1

Buyer

KIC

Vancouver, Washington, United States

Category Company
Founded 1972
Sector Automotive
DESCRIPTION

KIC LLC is a provider of wheel-end components for medium and heavy-duty trucks and trailers. KIC supplies brake drums, rotors, hub & drum assemblies, steel wheels and aluminum wheels to both original equipment manufacturers and aftermarket distributors. KIC designs and tests its own products and partners with contract manufacturers located throughout the world.


DEAL STATS #
Overall 1 of 2
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Vermont) 1 of 1
Country (United States) 1 of 2
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-26 Kingway Material Handling

United States

Kingway is a designer and manufacturer of storage, handling and order selection systems for the material handling industry.

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