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Hillman Acquires Koch Industries, Enters Rope and Chain Product Category

Jan 11, 2024•over 1 year ago

Acquiring Company

Hillman Solutions Corp

Acquired Company

Koch Industries

CincinnatiMinneapolisManufacturingManufacturing

Description

Hillman Solutions Corp., a leading provider of hardware products and merchandising solutions, has completed the acquisition of Koch Industries, Inc., a premier provider and merchandiser of rope and twine, chain, and wire rope products. This acquisition marks Hillman's entrance into the rope and chain product category, expanding its product portfolio to seamlessly bring these products to existing customers and realizing shipping, sourcing, and service efficiencies along the way.

Company Information

Company

Hillman Solutions Corp

Location

Cincinnati, Ohio, United States

About

Hillman Solutions Corp. is a leading North American provider of complete hardware solutions, delivering outstanding customer service to over 40,000 locations. It designs innovative product and merchandising solutions for complex categories, providing an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & industrial customers. Hillman delivers a “small business” experience with “big business” efficiency and is publicly traded on Nasdaq under the ticker HLMN.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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