M&A Deal Summary

Myers Industries Acquires Mohawk Rubber Sales of New England

On June 1, 2022, Myers Industries acquired distribution company Mohawk Rubber Sales of New England

Acquisition Highlights
  • This is Myers Industries’ 2nd transaction in the Distribution sector.
  • This is Myers Industries’ 6th transaction in the United States.
  • This is Myers Industries’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-06-01
Target Mohawk Rubber Sales of New England
Sector Distribution
Buyer(s) Myers Industries
Deal Type Add-on Acquisition

Target

Mohawk Rubber Sales of New England

Hingham, Massachusetts, United States
Mohawk Rubber Sales of New England is an auto aftermarket distributor with a long-standing reputation for quality and service. Mohawk Rubber Sales of New England was founded in 1932 and is based in Hingham, Massachusetts.

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Buyer(S) 1

Buyer

Myers Industries

Akron, Ohio, United States

Category Company
Founded 1933
Sector Manufacturing
Employees2,500
Revenue 813M USD (2023)
DESCRIPTION

Myers Industries is a diversified, international plastics manufacturer of returnable packaging, storage and safety products and specialty molding. The Company is also the largest wholesale tire repair supply distributor in the United States. Myers Industries was founded in 1933 and is based in Akron, Ohio.


DEAL STATS #
Overall 7 of 8
Sector (Distribution) 2 of 2
Type (Add-on Acquisition) 7 of 8
State (Massachusetts) 1 of 1
Country (United States) 6 of 7
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Trilogy Plastics

Alliance, Ohio, United States

Trilogy Plastics is a rotational molder specializing in high quality, high tolerance parts and assemblies. Trilogy Plastics manufactures custom products for the industrial, consumer, lawn and garden, heavy truck, medical and other markets. Trilogy Plastics was founded in 1987 and is based in Alliance, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-02 Signature Systems Group

Flower Mound, Texas, United States

Signature Systems Group is a manufacturer of composite mats for worksite safety and ground protection. Signature Systems Group’s products are utilized in the construction, power transmission, infrastructure, energy, and special events industries. Signature Systems Group was formed in 1998 and is based in Flower Mound, Texas.

Buy $350M