M&A Deal Summary

Rhino Tool House Acquires C Tek

On July 31, 2021, Rhino Tool House acquired manufacturer C Tek

Acquisition Highlights
  • This is Rhino Tool House’s 1st transaction in the Manufacturing sector.
  • This is Rhino Tool House’s 2nd transaction in the United States.
  • This is Rhino Tool House’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2021-07-31
Target C Tek
Sector Manufacturing
Buyer(s) Rhino Tool House
Deal Type Add-on Acquisition

Target

C Tek

Mooresville, North Carolina, United States
C Tek provides customized lean solutions to enhance safety and productivity by improving product flow, increasing throughput, reducing waste and inventory levels, and freeing up floor space. C Tek was founded in 1997 and is based in Mooresville, North Carolina.

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Buyer(S) 1

Buyer

Rhino Tool House

Concord, North Carolina, United States
Category Company
Founded 2000
Sector Manufacturing
DESCRIPTION

Rhino Tool House is a provider of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on intelligent fastening solutions that provide data on productivity, performance, and safety. Rhino Tool House was founded in 2000 and is based in Concord, North Carolina.

DEAL STATS #
Overall 2 of 6
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (North Carolina) 1 of 1
Country (United States) 2 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Tool House

New Berlin, Wisconsin, United States

Tool House distributes assembly tools, equipment, and technology for industrial manufacturing industries in the Midwest. Tool House was founded in 1984 and is based in New Berlin, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 TMI Supply

Grandville, Michigan, United States

TMI Supply is providing intelligent fastening and material handling solutions to automation integrators and industrial suppliers TMI Supply was founded in 1990 and is based in Grandville, Michigan.

Buy -
Mergr

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