Posted April 4, 2011
Gibraltar acquires D.S. Brown Co.
Gibraltar Industries has completed its previously announced acquisition of The D.S. Brown Company.
D.S. Brown is an Ohio-based manufacturer of expansion joints, structural bearings and pavement sealants for bridges, highways and other infrastructure projects.
In business for 100 years, D.S. Brown reported sales of approximately $65 million for calendar year 2010.
"This transaction is an important incremental step forward in our strategy to focus on building and industrial end markets and to acquire businesses with a record of strong growth, that provide value-added products, and are clear leaders in their markets," said Gibraltar chairman and chief executive officer Brian Lipke. "D.S. Brown positions Gibraltar at a higher level in the product value chain, and enables us to broaden our participation in building market categories with solid growth characteristics. We welcome the D.S. Brown employee team into the Gibraltar family and look forward to realizing our potential to create increased shareholder value as a combined organization."
