M&A Deal Summary

Master Lock Company Acquires American Lock Company

On April 1, 2003, Master Lock Company acquired manufacturer American Lock Company from Goldner Hawn Johnson & Morrison for 32M USD

Acquisition Highlights
  • This is Master Lock Company’s 1st transaction in the Manufacturing sector.
  • This is Master Lock Company’s largest (disclosed) transaction.
  • This is Master Lock Company’s 1st transaction in the United States.
  • This is Master Lock Company’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2003-04-01
Target American Lock Company
Sector Manufacturing
Buyer(s) Master Lock Company
Sellers(s) Goldner Hawn Johnson & Morrison
Deal Type Add-on Acquisition
Deal Value 32M USD

Target

American Lock Company

Oak Creek, Wisconsin, United States
American Lock Company LLC is a manufacturer and distributer of padlocks in the United States, its product line included solid body steel, aluminum, brass, composite fiber, and laminated steel padlocks, as well as combination locks.

Search 198,242 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Master Lock Company

Oak Creek, Wisconsin, United States
Category Company
Founded 1921
Sector Manufacturing
DESCRIPTION

Master Lock Company LLC is a manufacturer of padlocks in US.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Goldner Hawn Johnson & Morrison

Minneapolis, Minnesota, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Goldner Hawn Johnson & Morrison (GHJ&M) is a private equity firm that targets middle market companies in the Midwest US. GHJ&M generally looks for businesses valued between $20 and $150 million and looks to invest between $10 to $25 million of equity capital per transaction. Sectors of interest include agribusiness, food, power generation, basic materials, medical products, consumer products, retail, restaurants, consumer services, business services, and industrials. GHJ&M prefers control investments, but in certain instances, the Firm will also consider minority positions. GHJ&M was formed in 1989 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 6 of 33
Sector (Manufacturing) 2 of 5
Type (Add-on Acquisition) 5 of 16
State (Wisconsin) 1 of 3
Country (United States) 6 of 33
Year (2003) 1 of 4
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-14 VICORP Restaurants

Denver, Colorado, United States

VICORP Restaurants, Inc. is an operator of branded family-style restaurants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-09 Woodcraft Industries

St. Cloud, Minnesota, United States

Woodcraft Industries, Inc. is a provider of doors and components to original equipment manufacturers ("OEMs") in the kitchen and bathroom cabinet industry.

Sell $145M
Mergr

Product

Company

Legal