Hillman Solutions Corp. acquired Koch Industries, Inc. for $24 million.
January 10, 2024
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Hillman Solutions Corp. (NasdaqGM:HLMN) acquired Koch Industries, Inc. on January 11, 2024. During its fiscal year ended May 31, 2023, Koch?s revenue totaled approximately $45 million. Cherry Tree acted as financial advisor to Koch Industries.
Hillman Solutions Corp. (NasdaqGM:HLMN) completed the acquisition of Koch Industries, Inc. for $24 million on January 11, 2024.
Hillman Solutions Corp. is a provider of hardware-related products and related merchandising services to retail markets in North America. Its segments include Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Hardware and Protective Solutions segment includes a selection of product categories, including fasteners, builders' hardware, wall hanging, threaded rod and metal shapes, letters, numbers and signs (LNS), and personal protection equipment. The Robotics and Digital Solutions segment consists primarily of software-enabled robotic key duplication and engraving solutions that are tailored to the needs of the consumer. The Canada segment distributes fasteners and related hardware items, threaded rods, keys, key duplicating systems, accessories, and identification items, such as tags and letters, numbers, and signs to hardware stores, home centers, mass merchants, industrial distributors, automotive aftermarket distributors, and other retail outlets.