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New Deal


Announced

NAKS to acquire Stainless Specialties.

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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foodservice

Friendly

United States

Household Equipment and Products

Pending

Single Bidder

Acquisition

food and beverage

Domestic

Majority

Private

Synopsis

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North American Kitchen Solutions, a foodservice equipment manufacturer, agreed to acquire Stainless Specialties, a custom fabricator of high-quality stainless-steel equipment. Financial terms were not disclosed. "We're thrilled to welcome SSI to our organization. SSI's production facility in Eastlake, OH, will increase our custom fabrication capacity and create a best-in-class 'purpose-built' manufacturing organization of stainless-steel commercial restaurant equipment. We're just as excited to welcome the team from SSI into the NAKS family. SSI's team, along with the team from our 2021 acquisition of Lane Mechanical, brings together the best talent in the custom fabrication segment and furthers the goal of bringing the entirety of our product offering closer to our valued customers," Sacha Polakoff, NAKS President and CEO.

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