Why Industrial Distributor Oliver Van Horn Co. Sold to Wurth Group
This article analyzes Wurth Group's recent acquisition of industrial distributor Oliver H. Van Horn Co. The acquisition is Wurth's initial foray in the U.S. into the industrial supply category it classifies as the Metalworking Division.
The recent acquisition of industrial supply and machine tool distributor Oliver H. Van Horn Co. LLC, New Orleans, LA, by Germany-based Wurth Group is worth watching for a number of reasons.
A question asked by many in the industry familiar with the company is why this independent distributor sold to a German company.
The distributor has been owned and operated by the …