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New Deal


Announced

Completed

Nelson Global Products completed the acquisition of Tru-Flex from HBM.

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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United States

Domestic

stainless steel

Single Bidder

Completed

Friendly

Private

Acquisition

Iron and Steel

Majority

Synopsis

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Nelson Global Products, a company design and manufacture thermal management, acoustic, air and fluid mechanics, and structural solutions, completed the acquisition of Tru-Flex, a stainless steel manufacturer, from HBM, a St. Louis-based, privately held company that acquires, builds, and operates middle-market businesses. Financial terms are not disclosed. "We are excited to welcome the entire Tru-Flex team to Nelson. Combining Tru-Flex's engineering strengths, engineered NVH solutions and European Operations with Nelson's global purchasing, logistics, manufacturing and distribution networks and engineering capabilities allows us to better serve our customers and accelerate growth," Steve Scgalski, Nelson CEO.

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