Add-on acquisition Nov 2007 · South Bend, Indiana, USA Verified
MISCOR Group acquires Ideal Consolidated, its 9th acquisition since 2000
Industrial services provider MISCOR Group acquired mechanical contractor Ideal Consolidated (HVAC, plumbing, industrial piping), marking MISCOR's 9th acquisition since 2000 and entering the mechanical contracting space.
“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
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