You have the tools, Hillman (NASDAQ: HLMN) acquires Campbell Chain & Fittings
Hillman Solutions Corp. (NASDAQ: HLMN) acquired Campbell Chain & Fittings from Apex Tool Group, the company announced. The transaction adds U.S.-based manufacturing capabilities and expands Hillman’s chain product portfolio to include grade 70, grade 80, and grade 100 chain for commercial and industrial applications.
The acquisition strengthens Hillman’s position in the industrial maintenance, repair, and operations sector. Campbell, founded in 1919, manufactures welded and weldless chain, forged fittings, overhead lifting, and lifting clamp products from facilities in York, Pennsylvania, and Sumter, South Carolina.
“With over 105 years in the business, Campbell is a well-respected manufacturer and supplier of chain and related products with a diverse set of customers that will make a great addition to Hillman,” said Jon Michael Adinolfi, president and chief executive officer of Hillman.
Campbell serves customers across agriculture, forestry, government, heavy and light duty equipment, industrial, marine, material handling, and hardware store markets in the United States and Canada. Commercial and industrial customers represent the majority of Campbell’s business.
The deal complements Hillman’s 2024 acquisition of Koch Industries, which marked the company’s entrance into the chain category. Chris Martin, Hillman’s Executive Vice President of Commercial & Industrial, noted the acquisition expands the company’s presence in the industrial MRO channel.