Announced
Synopsis
Align Capital-backed Marco Rubber & Plastics, a provider of sealing solutions, agreed to acquire Colonial Seal Company, a specialty distributor of oil seals. Financial terms were not disclosed. “I am thrilled for Colonial to partner with a market leader in Marco and look forward to working with the team to ensure continued success of the combined business in the years to come. Together, we will remain focused on delivering high quality products and customer service as we pursue new strategic growth opportunities,” Stephen Maloney, Colonial Founder and President.
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