Dallas, TX-based industrial rubber and fluid power products distributor Singer Industrial acquired Wilmington Rubber & Gasket.
Terms of the transaction were not disclosed.
Based in North Carolina, Wilmington Rubber & Gasket is a supplier of industrial rubber products, including hoses, gaskets, packing, belting, plastics and pumps. Established in 1985, the company specializes in hose assemblies, rubber and plastic fabrication and operates a full-service waterjet cutting facility. Wilmington Rubber & Gasket serves a variety of industries, including pulp and paper, chemical, marine, power, nuclear, utility and construction.
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Following the acquisition, Singer Industrial will now operate more than 100 locations across North America and employs over 1,400 team members.
“We are excited to welcome Howard, Denise and the Wilmington Rubber & Gasket Team into the Singer Industrial family,” Singer Industrial President Pete Haberbosch said in a May 1 news release. “Their team focused culture and commitment to customers aligns perfectly with our values. This great company allows us to better serve our customers in the Southeast and continue our growth strategy.”
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Singer Industrial’s most recent previous acquisition was of Sacramento, CA-based Fluid Tech Hydraulics, announced on Nov. 19.
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