Industrial mergers and acquisitions: Timken, Prometheus, Metalworks, and more
As companies strive to become more optimized and improve profitability, they often use various business strategies to stay competitive, including mergers and acquisitions. Like other industries, many manufacturers and service providers choose to increase business by buying or combining with other companies. Here are a few recent mergers and acquisitions that are poised to change the industry.
Timken purchases sealing solutions company Lagersmit
“The business serves leading propulsion manufacturers, ship owners, pump makers and other industrial customers around the globe that require advanced sealing systems.”
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Metalworks Inc. to purchase Flairwood
The acquisition will increase Metalworks’ manufacturing capabilities, industries served and its customer base.
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Norda Stelo Inc. acquires CWA Engineers Inc.
The acquisition will leverage Norda Stelo’s core strengths in ESG and asset management, and CWA’s legacy of engineering solutions.
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Prometheus Group to purchase MobilOps from Turner Industries
Prometheus Group hopes to integrate MobilOps into its suite of solutions.
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US LBM acquires Dallas-Fort Worth operations of ZyTech Building Systems
With this acquisition, US LBM now operates 10 locations in the Dallas-Fort Worth metroplex.
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About the Author
Alexis GajewskiAlexis Gajewski
Senior Content Strategist
Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.
During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry.
Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.
She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.
Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.
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