The Canada-based specialty hardware manufacturer and distributor acquired The Penrod Company’s hardware division, expanding Richelieu’s reach in the U.S. door hardware market.
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Canada-based manufacturer/distributor Richelieu expects acquisitions completed so far in fiscal 2026 to add $45 million in annual sales.
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
Richelieu completed six acquisitions in the first half of 2025, including two in the second quarter, contributing to sales growth in 2Q.
Based in Minnesota, Midwest Specialty Products distributes countertop and surface solutions to a range of customers
