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
Location
Wisconsin, United States
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.