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New Deal


Announced

Mueller Industries to acquire the flexible duct business of Hart & Cooley.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Pending

flexible duct

Majority

Friendly

Private

Single Bidder

United States

Diversified Industrials

Synopsis

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Mueller Industries, an American manufacturing company, agreed to acquire the flexible duct business of Hart & Cooley, an HVAC manufacturing company. Financial terms were not disclosed. “The acquisition of Hart & Cooley flex products will expand our footprint in the air quality and climate control systems markets, and complement our 2018 acquisition of ATCO Rubber Products (ATCO Flex). These important markets are integral to our growth strategy," Greg Christopher, Mueller Industries Chairman and CEO.

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