Divestiture • Business Services

KLX Acquires John Hassall - Laboratory Operations

On July 16, 2018, KLX acquired business services company John Hassall - Laboratory Operations from John Hassall

Acquisition Context
  • This is KLX’s 1st transaction in the Business Services sector.
  • This is KLX’s 3rd transaction in the United States.
  • This is KLX’s 1st transaction in New York.

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M&A Deal Summary

Date July 16, 2018
Target John Hassall - Laboratory Operations
Sector Business Services
Buyer(s) KLX
Sellers(s) John Hassall
Deal Type Divestiture

Target Company

John Hassall - Laboratory Operations

Westbury, New York, United States
John Hassall, Inc. - Laboratory Operations includes Laboratory Controlled at Source (LCS) lab assets and expert technical personnel associated with managing the lab.
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Buyer Overview 1

Buyer

KLX

Wellington, Florida, United States

Category Company
Sector Distribution
Employees2,900
Revenue 1.6B USD (2016)
DESCRIPTION
Entrance to KLX's corporate headquarters in Wellington, Florida.
Entrance to KLX's corporate headquarters in Wellington, Florida.

KLX, Inc. is a distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products for the oil and gas industry. KLX, Inc. is based in Wellington, Florida.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 3 of 3
Year: 2018 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-07 THG

Northborough, Massachusetts, United States

THG Corp. is an industrial distributor, engineered systems designer/builder and motion and control integrator serving the six New England states.

Buy -

Seller Profile 1

SELLER

John Hassall

Westbury, New York, United States

Category Company
Founded 1850
Sector Metals/Mining
DESCRIPTION

John Hassall, Inc. (“John Hassall”), a provider of aircraft engine fasteners, bolts, blade locks and other flight critical hardware, located in Long Island, N.Y.


Deal Context for Seller #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1