Nucor Corporation Acquires Elite Storage Solutions

Jungheinrich AG Acquires Storage Solutions group

January 25, 2023

Logistics & Distribution

Jungheinrich AG is acquiring Indiana-based Storage Solutions group from Merit Capital Partners, MFG Partners and Storage Solutions' management for a purchase price of approximately USD 375 million plus a performance-based earnout. The deal gives Jungheinrich a U.S. platform in racking, warehouse design and automation (Storage Solutions: ~170 employees, ~USD 290M revenue in 2022) and is expected to close in Q2 2023 subject to customary conditions including U.S. merger clearance.

Storage Solutions Acquires SNC Solutions

June 28, 2022

Logistics & Distribution

Storage Solutions Inc. has acquired SNC Solutions, a California-based provider of warehouse efficiency system design and implementation. Financial terms were not disclosed; Storage Solutions said the deal will expand its capabilities and presence on the U.S. West Coast to better serve warehouses, distribution centers, and fulfillment operations.

Nucor Corporation Acquires Rytec Corporation for $565M

June 3, 2024

Building Products

Nucor Corporation has agreed to acquire Rytec Corporation, a Wisconsin-based manufacturer of high-speed, high-performance commercial doors, in an all-cash transaction valued at $565 million. The acquisition expands Nucor's building products portfolio and creates cross-selling opportunities across its commercial markets; Rytec operates two manufacturing facilities in Wisconsin with over 300 teammates.

MFG Partners and Merit Capital Partners Acquire Storage Solutions, Inc.

December 3, 2020

Industrial Services

MFG Partners, in partnership with Merit Capital Partners and Storage Solutions' management team, has completed an acquisition of Storage Solutions, Inc., a Westfield, Indiana-based material handling and industrial storage systems integrator. The transaction transitions the company from an ESOP structure and positions Storage Solutions to expand its service lines and capitalize on growth in e-commerce and warehouse demand.

HNI Corporation Acquires Steelcase Inc.

December 10, 2025

Manufacturing

HNI Corporation has completed its acquisition of Steelcase Inc., creating a combined workplace furnishings enterprise with pro forma annual revenues of $5.8 billion. Steelcase shareholders received a choice of cash and/or HNI stock per share, and the deal is intended to combine complementary portfolios, distribution networks and capabilities to drive operational enhancements and digital transformation.

Atkore Inc. Acquires Elite Polymer Solutions

November 8, 2022

Manufacturing

Atkore Inc. acquired the assets of Elite Polymer Solutions, a Lovelady, Texas-based manufacturer of HDPE conduit, for $91.6 million. The deal expands Atkore's HDPE conduit product portfolio and national footprint to better serve the telecommunications, utility, and transportation markets.