M&A Deal Summary

Miller Industries Acquires Chevron

On December 11, 1997, Miller Industries acquired machinery company Chevron for 10M USD

Acquisition Highlights
  • This is Miller Industries’ 1st transaction in the Machinery sector.
  • This is Miller Industries’ 2nd largest (disclosed) transaction.
  • This is Miller Industries’ 2nd transaction in the United States.
  • This is Miller Industries’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 1997-12-11
Target Chevron
Sector Machinery
Buyer(s) Miller Industries
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Chevron

Mercer, Pennsylvania, United States
Chevron, Inc. is a manufacturer of towing and recovery equipment.

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Buyer(S) 1

Buyer

Miller Industries

Ooltewah, Tennessee, United States

Category Company
Founded 1994
Sector Manufacturing
Employees890
Revenue 492M USD (2014)
DESCRIPTION

Miller Industries, Inc. is an independent distributor in Florida for industrial MRO products, including bearings, power transmission products, fluid power, electrical and automation components, as well as safety and industrial supplies.


DEAL STATS #
Overall 2 of 3
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Pennsylvania) 1 of 1
Country (United States) 2 of 3
Year (1997) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 RoadOne IntermodaLogistics

Randolph, Massachusetts, United States

RoadOne IntermodaLogistics is a provider of intermodal transportation solutions for domestic and international shippers. RoadOne IntermodaLogistics was founded in 1996 and is based in Randolph, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-31 Southern Hydraulic Cylinder

Athens, Tennessee, United States

Southern Hydraulic Cylinder specializes in the manufacture and supply of custom-built, welded hydraulic cylinders for a variety of industries. Southern Hydraulic Cylinder was founded in 1989 and is based in Athens, Tennessee.

Buy $18M