M&A Deal Summary

Koenig Equipment Acquires Smith Implements

On September 19, 2017, Koenig Equipment acquired automotive company Smith Implements

Acquisition Highlights
  • This is Koenig Equipment’s 1st transaction in the Automotive sector.
  • This is Koenig Equipment’s 1st transaction in the United States.
  • This is Koenig Equipment’s 1st transaction in Indiana.

M&A Deal Summary

Date 2017-09-19
Target Smith Implements
Sector Automotive
Buyer(s) Koenig Equipment
Deal Type Add-on Acquisition

Target

Smith Implements

Bloomington, Indiana, United States
Smith Implements, Inc. is a provider of equipment leasing and selling services. Smith Implements, Inc. was established in 1963 and is based in Bloomington, Indiana.

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Buyer(S) 1

Buyer

Koenig Equipment

Anna, Ohio, United States

Category Company
Founded 1904
Sector Distribution
DESCRIPTION

Koenig Equipment, Inc. is a farm and turf equipment dealer serving local agricultural communities, residential property owners, landscapers and contractors. Koenig Equipment, Inc. was founded in 1904 and is based in Anna, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1