HKW Acquires Handling Systems and Conveyors to Expand Industrial Services
HKW has acquired Handling Systems and Conveyors, Inc. (HSC) to enhance its industrial service capabilities. HSC aims to leverage HKW's resources for growth and increased productivity in automation. The partnership is expected to drive expansion through geographic investment and strategic acquisitions.
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HKW has acquired Handling Systems and Conveyors, Inc. (HSC), a move aimed at enhancing HSC's capabilities and service offerings. HSC plans to utilize HKW's resources to expand service penetration, invest in new geographic locations, and pursue strategic acquisitions.
The partnership aligns with HKW's focus on technical industrial businesses that can benefit from increased productivity and automation. Financing for the transaction was provided by Brookside Capital Partners, LongWater Capital Solutions, and Siguler Guff & Company, with BMO Capital Markets advising on the financial aspects.
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