Orbit Irrigation (Platinum Equity) Acquires Bond Manufacturing's Garden Business
June 1, 2020
Orbit Irrigation, a Platinum Equity portfolio company, has acquired the garden business of Bond Manufacturing in a carve-out from affiliates of the founding Merritt family. The add-on expands Orbit's product mix into hoses, watering devices and garden tools and aims to broaden its retail and distributor channels; financial terms were not disclosed.
- Buyers
- Orbit Irrigation, Platinum Equity
- Targets
- Bond Manufacturing (garden business)
- Sellers
- Affiliates of the Merritt family (Bond Manufacturing's founding family)
- Platforms
- Orbit Irrigation
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Addon
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