Wynnchurch buys Buchanan Rubber for distribution platform

U.S. private equity firm Wynnchurch Capital has acquired Buchanan Rubber Ltd, a Toronto-based distributor of industrial hoses, couplings and sheet rubber with about 8,000 SKUs. Terms weren't disclosed. Founded in 1986, Buchanan distributes products to a range of end-markets, including petrochemical-energy, construction, mining, water handling-agriculture, food and beverage, and general industrial. Wynnchurch said Buchanan will be part of a North American distribution platform that includes Anderson Metals LLC and Midland Metal Mfg, both of Kansas City, Missouri. The acquisition gives the platform access to the Canadian market and new product offerings.

5 December 2018•3 mins read
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