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Add-on acquisition Closed Jul 2011 Verified

Worthington Cylinders Acquires BernzOmatic

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Relationship map for Worthington Cylinders Acquires BernzOmaticparent ofWorthington Industries Inc.: PlatformWorthington Industrie…BernzOmatic: Operating CompanyBernzOmatic
Operating CompanyPlatform

Parties

Acquirer
Worthington Industries Inc.
Platform
Target
BernzOmatic
Operating Company

Market signals

Summary

Worthington Industries' Pressure Cylinders segment has purchased the BernzOmatic business from Irwin Industrial Tool Company, a subsidiary of Newell Rubbermaid. The acquisition expands Worthington's product mix into hand-held torches, solder, and accessories, and provides entry into the plumbing/HVAC wholesale channel.

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