The 2020 Mid-Year Economic Update_long

Bridgestone Agrees to Acquire HosePower

Acquisition will help Bridgestone expand hose product, service offerings.

Bridgestone Corp.'s wholly-owned U.S. subsidiary, Bridgestone Hose America Inc., has agreed to acquire Masthead Industries LLC. Masthead currently operates hose sales and service stores known as HosePower, one of MDM's 2014 Market Leaders.

With Masthead's 34 locations in the U.S. and one in Mexico, the acquisition will help Bridgestone expand its hose product and service offerings.

Bridgestone primarily manufactures hydraulic hoses used in construction machinery and factories, but is looking to expand its sales of replacement hoses to end-users while developing a mining solutions business.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.