M&A Deal Summary

LGG Industrial Acquires Branham

On November 15, 2023, LGG Industrial acquired manufacturer Branham

Acquisition Highlights
  • This is LGG Industrial’s 1st transaction in the Manufacturing sector.
  • This is LGG Industrial’s 1st transaction in the United States.
  • This is LGG Industrial’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2023-11-15
Target Branham
Sector Manufacturing
Buyer(s) LGG Industrial
Deal Type Add-on Acquisition

Target

Branham

Louisville, Kentucky, United States
Branham is a fabricator and distributor of industrial hoses, gaskets, conveyor belts, and related services. It includes five fabrication/distribution plants and 8 sales locations covering the Midwest and Gulf Coast regions of the U.S. Branham was formed in 1973 and is based in Louisville, Kentucky.

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Buyer(S) 1

Buyer

LGG Industrial

Pittsburgh, Pennsylvania, United States

Category Company
Sector Distribution
DESCRIPTION

LGG Industrial is a provider of fluid handling, sealing, and material conveyance solutions to the North American industrial market. LGG Industrial increase operational efficiencies, prevent downtime, product, industry, and application know-how, while our proactive and value-added services aim to solve problems before they become emergencies. LGG Industrial is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-11 DeeTag

London, Ontario, Canada

DeeTag is a distributor and fabricator of hydraulic and industrial hose assemblies from three facilities, including two in southern Ontario, Canada, and one in Conover, North Carolina. They have grown DeeTag into a successful business serving high-quality OEM customers in various markets and have more than doubled the business in the last few years by providing superior service to discerning customers. DeeTag is based in London, Ontario.

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