Hillman to acquire Kanebridge to expand industrial TAM to $3B
Acquisition news of a strategically important bolt-on should improve growth optionality and margin trajectory, contingent on regulatory close and integration execution.
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Acquisition news of a strategically important bolt-on should improve growth optionality and margin trajectory, contingent on regulatory close and integration execution.
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Hillman Solutions will acquire Kanebridge for $315 million, expanding its industrial footprint and lifting the total industrial TAM to $3 billion. Kanebridge brings 44,000 SKUs and the FasNet platform, enabling same-day shipping and cross-selling across Hillman’s channels. The deal is expected to be accretive to margins and earnings, subject to regulatory approvals and closing conditions.
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