Login  |  Register          Free Newsletter Subscription
Zibb
Subscribe to Industrial Distribution
Email
Print
Reprint
Learn RSS

Kaman acquires A-C Supply

Staff -- Industrial Distribution, 11/1/2001

Bloomfield, Conn.— On Sept. 21, Kaman Corp. acquired the industrial distribution business of A-C Supply.

The Milwaukee, Wis.-based company, ranked No. 99 in Industrial Distribution's Top 100 report (June, 2001) with $49 million in annual sales, will become part of Windsor, Conn.-based Kaman Industrial Technologies, a division of Kaman Corp. Kaman Industrial Technologies ranked No. 21 in ID's June report, with $520.8 million in sales.

"The acquisition brings us a group of talented people with a strong presence in conveyors and belting, material handling and fluid power" said Kaman Industrial Technologies president Jack Cahill. "This complements our strength in bearings, power transmission and motion control products."

Cahill says the acquisition will not only allow development of a new product grouping, but expansion into a new geographical territory as well.

A-C Supply is a privately held company with 150 employees at its 11 branches in Wisconsin, Iowa and Illinois. The management team is expected to stay essentially intact and former CEO of A-C Supply Tom Schuster will remain in a consulting role, said Cahill.

The terms of the deal were not disclosed.

Email
Print
Reprint
Learn RSS

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

Sponsored Links

 
Advertisement

More Content

  • Blogs
  • Webcasts

Blogs


Sorry, no blogs are active for this topic.

View All Blogs RSS
Advertisements





eUPDATES
Click on a title below to learn more.

Resource Center E-Alert
ID Channel Report (Twice-Monthly)
Strictly For Sales (Monthly)
Distributor Management and Operations (Monthly)
ID Channel Report News Alert (As News Breaks)
The Electrical Report (Monthly)
Idea File (Weekly)
Supplier Web Locator (Quarterly)
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   RSS
© 2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites