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Slide #62. Park-Ohio Holdings Corp. — Henry Halstead Ltd. and QEF Global Limited
Park-Ohio Holdings Corp. (NASDAQ:PKOH)
Henry Halstead Ltd. and QEF Global Limited
On October 1, 2013, we acquired all of the outstanding capital stock of Henry Halstead Ltd. ("Henry Halstead"). Henry Halstead is a provider of supply chain management solutions headquartered in Preston, England. On November 1, 2013, we acquired all of the outstanding capital stock of QEF Global Limited ("QEF"). QEF is a provider of supply chain management solutions headquartered in Cork, Ireland. These two acquisitions to our Supply Technologies Segment operate in six strategic locations in England, Ireland and Scotland and have combined annualized revenues of nearly $40.0 million.
Park-Ohio Holdings is an international company providing customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Co. operates through the following reportable segments: Supply Technologies, which provides its customers with Total Supply Management; Assembly Components, which designs, develops and manufactures aluminum products and high pressure direct fuel injection fuel rails and pipes; and Engineered Products, which designs and manufactures various engineered products, including induction heating and melting systems, pipe threading systems and forged and machined products.
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Buy (3.00 out of 4)