Published in Breaking News

Lakeshore Fittings acquired by PE-backed Alco Manufacturing

BY MiBiz Staff Wednesday, February 17, 2016 01:22pm

Grand Haven-based Lakeshore Fittings Inc. has been acquired by Alco Manufacturing Corp. LLC of Elyria, Ohio, according to a statement.

Lakeshore Fittings designs and manufactures machined brass, eco-brass, stainless steel and aluminum fittings for the lawn and garden, gas distribution, plumbing and hydraulic industries. The firm operates from a 90,000-square-foot facility in Grand Haven.

The strategic acquisition will diversify Alco’s business, expand its product offerings and material capabilities. Terms of the deal were not disclosed.

Alco is a portfolio company of Cleveland-based Blue Point Partners, a private equity firm that invests in manufacturing, distribution and service businesses generating $20 million to $200 million in revenue.

Read 2460 times Last modified on Friday, 19 February 2016 11:39
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