BLOOMFIELD, Connecticut - Kaman Corporation (NYSE:KAMN) has announced the completion of the acquisition of the operating assets of B.W. Rogers Company and certain affiliated entities (collectively, B.W. Rogers) by its Distribution Segment, acting through its subsidiary, Kaman Fluid Power, LLC. Terms of the transaction were not disclosed.
The acquisition of B.W. Rogers expands Kaman’s capabilities in both the fluid power and automation & motion control product areas. B. W. Rogers, which operates from twenty-one locations in seven states from the Northeast to the Midwest, is a tri-motion distributor of Parker Hannifin motion and control products and represents many other premium manufacturers. Approximately 240 former B. W. Rogers’ employees have joined Kaman. The acquired operations of B.W. Rogers had 2013 sales of approximately $100 million.
Steve Smidler, President of Kaman Distribution Group, stated, "Since we announced this transaction earlier this year we have had the opportunity to meet a broader cross section of the B.W. Rogers’ team. We remain impressed with their enthusiasm, market and product knowledge, and operational capabilities. The B. W. Rogers acquisition provides us with growth opportunities in new geographies and the steel, life sciences, shale gas, and automotive end markets. It is a great addition to our fluid power and automation, control and energy product platforms.”
