Jan 17, 2024
Hillman acquires Koch Industries
Hillman Solutions Corp., a provider of hardware products and merchandising solutions, has acquired Koch Industries, Inc., a provider and merchandiser of rope and twine, chain and wire rope, and related hardware products. This acquisition marks Hillman’s entrance into rope and chain, a new product category for the company.
With rope and chain products added to its product portfolio, Hillman can now bring these products to existing customers while realizing shipping, sourcing, and service efficiencies. Having recently entered the adjacent category of rope and chain accessories, the addition of rope and chain will further embed Hillman with its blue-chip customers.
Koch’s 2,300 SKUs are in the complex, high-touch, rope, and chain and associated hardware category which is a complementary addition to Hillman’s existing 112,000 SKU-portfolio. Koch’s customers include local and national retailers in the traditional hardware and farm and fleet channels.
Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.