M&A Deal Summary

Sunbelt Supply Co. Acquires Oliver Equipment Co.

On November 6, 2020, Sunbelt Supply Co. acquired machinery company Oliver Equipment Co.

Acquisition Highlights
  • This is Sunbelt Supply Co.’s 1st transaction in the Machinery sector.
  • This is Sunbelt Supply Co.’s 2nd transaction in the United States.
  • This is Sunbelt Supply Co.’s 1st transaction in Texas.

M&A Deal Summary

Date 2020-11-06
Target Oliver Equipment Co.
Sector Machinery
Buyer(s) Sunbelt Supply Co.
Deal Type Add-on Acquisition

Target

Oliver Equipment Co.

Houston, Texas, United States
Oliver Equipment Co. is a provider of specialty rotating equipment, onsite services, and custom packaged systems for industrial applications. Its highly technical sales force supports industries including chemical, petrochemical, refining, power generation, and other industrial processes.

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Buyer(S) 1

Buyer

Sunbelt Supply Co.

Houston, Texas, United States

Category Company
Sector Distribution
DESCRIPTION

Sunbelt Supply Co. is a distributor of industrial flow control products and tailored technical solutions, including a broad spectrum of valve products and automation services. Sunbelt Supply is based in Houston, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-27 Severe Service Specialists

Trussville, Alabama, United States

Severe Service Specialists, Inc. is a provider of services and valves that are engineered to withstand severe applications across industries such as power generation, refining, and other industrial processes. Severe Service Specialists is based in Trussville, Alabama.

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