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  6. NACCO Industries Acquires Hamilton Beach Brands

M&A Deal Summary

NACCO Industries Acquires Hamilton Beach Brands

On April 12, 1998, NACCO Industries acquired building materials company Hamilton Beach Brands

Acquisition Highlights
  • This is NACCO Industries’ 1st transaction in the Building Materials sector.
  • This is NACCO Industries’ 1st transaction in the United States.
  • This is NACCO Industries’ 1st transaction in North Carolina.

M&A Deal Summary
Date 1998-04-12
Target Hamilton Beach Brands
Sector Building Materials
Buyer(s) NACCO Industries
Deal Type Add-on Acquisition

Target

Hamilton Beach Brands

Southern Pines, North Carolina, United States
Hamilton Beach Brands, Inc. is a designer, marketer and distributor of small electric household appliances, as well as commercial products for restaurants, bars and hotels.

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Buyer(S) 1

Buyer

NACCO Industries

Cleveland, Ohio, United States
Category Company
Founded 1913
Sector Diversified
Employees600
Revenue 238M USD (2024)
DESCRIPTION

NACCO Industries is an operating holding company with three principal businesses: lift trucks, housewares and mining. NACCO Industries was founded in 1913 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1998 M&A 1 of 1
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