Acquisitions
History
Since 1985, Hines Corporation has leveraged its operational expertise and financial discipline to acquire and improve underperforming industrial companies. A history of our acquisitions is listed below.
1985 - 1994
- Pacific Floor Care
- Johnston Boiler
- DynaTorque
- Plymouth Industries
- Garlock Equipment
- Russell Dean
- Cimline
- US Floor Systems
1995 - 2004
- American Coil Spring
- Silver Bullet Manufacturing
- Bennett Pump
- Stickle Steam
- E&S Valve
- AM Roof Systems
- North American Spring and Stamping
2005 - Present
- Kimble Mixer
- EQUIPT Manufacturing
- Duraco Industries
- Michigan Spring and Stamping
- Thoro-matic
Criteria
Hines seeks to acquire businesses with the following characteristics:
- Underperforming companies that we can transform through operational improvements and financial discipline.
- Manufacturers and distributors serving commerical and industrial customers in mature markets.
- Companies with sales of $50 million to $150 million located anywhere in North America.