Global Industrial (Systemax) Acquires Plant Equipment Group from TAKKT
January 30, 2015
Global Industrial, the industrial products business unit of Systemax Inc., has acquired Plant Equipment Group (PEG), a business unit of TAKKT America Holding Inc. and TAKKT AG. PEG, headquartered in Milwaukee, Wisconsin, is a direct-marketing distributor of storage and material handling products; the sale represents a divestiture by TAKKT and expands Global Industrial's product offering and North American distribution footprint.
- Buyers
- Global Industrial (business unit of Systemax Inc.), Systemax Inc.
- Targets
- Plant Equipment Group (PEG)
- Sellers
- TAKKT America Holding Inc., TAKKT AG
- Industry
- Industrial Services
- Location
- Wisconsin, United States
- Transaction Type
- Divestiture
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