|
| Acquisitions and Divestitures Overview: |
| |
| Company Acquired |
|
Year |
|
Growth Opportunities
|
| |
|
|
|
|
| • Buckhorn |
|
1987 |
|
Expand plastic &
rubber business with reusable plastic containers & rubber OEM parts |
| |
|
|
|
|
| • Ameri-Kart |
|
1995 |
|
Add roto-molding,
material handling & storage products |
| |
|
|
|
|
| • Molded
Solutions |
|
1997 |
|
Combine with
Buckhorn Rubber to expand OEM products & markets |
| |
|
|
|
|
| • raaco
International |
|
1998 |
|
Enter European
markets for plastic storage containers |
| |
|
|
|
|
| • Sherwood
Plastics |
|
1998 |
|
Combine with
Ameri-Kart; Expand roto-molding & add new markets |
| |
|
|
|
|
| • Kadon |
|
1998 |
|
Strengthen
Buckhorn’s capabilities to produce custom plastic material handling and related
products; integrated into the Buckhorn brand |
| |
|
|
|
|
| • Allibert Équipement |
|
1999 |
|
Establish
international leadership with reusable plastic containers and pallets; Cross-sell with
Buckhorn to meet customers' needs on a global scale. Re-named Allibert-Buckhorn in 2003 to cross-brand with Buckhorn in North America |
| |
|
|
|
|
| • Dillen
Products |
|
1999 |
|
Gain leading
position in plastic planters for growers |
| |
|
|
|
|
| • Listo
Products |
|
1999 |
|
Expand indoor /
outdoor planters for consumers |
| |
|
|
|
|
| • RB
Manufacturing |
|
2000 |
|
Add to Akro-Mils;
Expand material handling cart line for industrial and commercial markets |
| |
|
|
|
|
| • Best Plastics |
|
2000 |
|
Combine with
Ameri-Kart; Strengthen roto-molding and vacuum forming capabilities; Expand business in
plastic tanks and specialty OEM parts for industrial markets |
| |
|
|
|
|
• Michigan
Rubber
Products &
WEK Industries |
|
2004 |
|
Expand offering of
engineered rubber and plastic components and finished assemblies to the automotive OEM
market and Tier 1 suppliers |
| |
|
|
|
|
• Productivity
California (Pro Cal) |
|
2004 |
|
Expand leading position in nursery containers for the professional grower; gain industry-exclusive picturePot® printing and container forming technology |
| |
|
|
|
|
| • ITML |
|
2007 |
|
Strategic expansion of the company's Lawn and Garden segment with a strong brand, broad product selection and key North American sales and manufacturing geographies |
| |
|
|
|
|
| • Sale of Allbert-Buckhorn & raaco |
|
2007 |
|
Divestiture of the non-strategic European Material Handling Segment to re-invest in the remaining core brands |
| |
|
|
|
|
| • Schoeller Arca Systems North America |
|
2007 |
|
Asset purchase of molds and equipment for bulk container lines; add to Buckhorn brand. |
| |
|
|
|
|
| • Sale of Buckhorn Rubber and Michigan Rubber |
|
2009 |
|
Divestiture of rubber OEM products business; realignment of Auto & Custom Segment |
| |
|
|
|
|
| • AmeriKan Acquisition |
|
2009 |
|
Acquired remaining 50% of joint venture in nursery container business in southern U.S. |
