The 2020 Mid-Year Economic Update_long

Barnes Group Inc. Acquires KENT for $41M

Barnes Group Inc., Bristol, CT, has acquired the KENT Division (KENT) from Premier Farnell, for approximately $41 million. KENT distributes adhesives, sealants, specialty cleaning chemicals, abrasives, tools and other consumables to the European transportation aftermarket and industrial maintenance market.

The KENT business will be integrated into Barnes Group Inc.’s Barnes Distribution business. KENT complements Barnes Distribution’s established businesses in the United Kingdom and France, and provides entry into the rest of Europe. KENT direct sales operations in France, Germany, the United Kingdom, Belgium, the Netherlands, Spain, Italy, Denmark and Sweden, and has distributorships in 20 additional countries.

Premier Farnell plc is a global, business-to-business, small order, high service distributor of electronic components and industrial products to the design, maintenance and engineering sectors.

Barnes Distribution is an international full-service distributor of maintenance, repair, operating and production (MROP) supplies. It is in more than 30 countries.

Barnes Group Inc. is a diversified international manufacturer of precision metal components and assemblies and a distributor of industrial supplies, serving a wide range of markets and customers.

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