M&A Deal Summary

LGG Industrial Acquires DeeTag

On January 11, 2023, LGG Industrial acquired distribution company DeeTag

Acquisition Highlights
  • This is LGG Industrial’s 1st transaction in the Distribution sector.
  • This is LGG Industrial’s 1st transaction in Canada.
  • This is LGG Industrial’s 1st transaction in Ontario.

M&A Deal Summary
Date 2023-01-11
Target DeeTag
Sector Distribution
Buyer(s) LGG Industrial
Deal Type Add-on Acquisition

Target

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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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 1 of 2
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-15 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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