Add-on acquisition Nov 2007 · South Bend, Ind. (north central Indiana and southwest Michigan) Verified
MISCOR Group acquires Ideal Consolidated, its 9th acquisition since 2000
Industrial services provider MISCOR Group Ltd. acquired privately-held Ideal Consolidated Inc. (~$8M revenue), a mechanical contractor offering HVAC, plumbing and industrial piping; the deal marks MISCOR's 9th acquisition since 2000 and expands its Midwest footprint as it pursues becoming a national mechanical/electrical service provider.
“Industrial services provider MISCOR Group Ltd. announced that it has acquired privately-held Ideal Consolidated Inc., a provider of mechanical contracting services, including HVAC, plumbing, and industrial piping. Ideal reported revenues of approximately $8 million for the year ended Dec. 31, 2006. The deal marks MISCOR’s 9th acquisition since 2000 and is expected to be immediately accretive to earnings.”
Entities
Ideal Consolidated Inc. · Target MISCOR Group Ltd. · Acquirer
HVACPlumbing
Source: www.achrnews.com
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