Manufacturers building an appetite for deals

By Crain's Cleveland Business

Apr 04, 2016

Get Plant Services delivered to your inbox Monday through Friday! Sign up for  Plant Services' complimentary Smart Minute (Monday-Thursday) and Smart Digest  (Friday) e-newsletters to get maintenance and reliability know-how you can put  to use today, plus the latest manufacturing news from around the Web, white  papers, and more. Learn more and subscribe for free today.

It’s a pretty good time for anyone looking to buy or sell a manufacturing company.

Experts expect a strong 2016 for merger and acquisition activity in the sector. There are some factors, like the availability of affordable financing, creating a good environment for M&A activity across all sectors, but other issues, like the need to stay competitive technologically, are driving deals specifically in manufacturing.

This M&A activity is apparent with some high-profile deals currently underway in Northeast Ohio — namely Cleveland-based paintmaker Sherwin-Williams Co.’s plan to purchase Minneapolis-based Valspar Corp., and North Canton ATM manufacturer Diebold Co.’s takeover attempt of Wincor Nixdorf of Germany.

Read the full story on crainscleveland.com.

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments