Announced
Completed
Financials
Tags
United States
Domestic
stainless steel
Single Bidder
Completed
Friendly
Private
Acquisition
Iron and Steel
Majority
Synopsis
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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