Kaman completes B.W. Rogers acquisition
Kaman Corporation has completed its acquisition of B.W. Rogers Company, acting through its subsidiary, Kaman Fluid Power, LLC.
Terms of the transaction were not disclosed.
The acquisition of B.W. Rogers expands Kaman’s capabilities in both the fluid power and automation & motion control product areas. B. W. Rogers, which operates from 21 locations in seven states from the Northeast to the Midwest, is a tri-motion distributor of Parker Hannifin motion and control products and represents many other manufacturers. Approximately 240 former B. W. Rogers’ employees have joined Kaman. The acquired operations of B.W. Rogers had 2013 sales of approximately $100 million.
"Since we announced this transaction earlier this year we have had the opportunity to meet a broader cross section of the B.W. Rogers’ team. We remain impressed with their enthusiasm, market and product knowledge, and operational capabilities. The B. W. Rogers acquisition provides us with growth opportunities in new geographies and the steel, life sciences, shale gas, and automotive end markets. It is a great addition to our fluid power and automation, control and energy product platforms,” said Steve Smidler, president of Kaman Distribution Group.
INDUSTRIAL SUPPLY MAGAZINE
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