Jason Industries, Inc. Acquires Matchless Metal Polish Company
JASON INDUSTRIES (JASN)
Last jason industries earnings: 5/2 08:00 am
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Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--Jason Industries, Inc. (OTCQX: JASN) (the "Company" or "Jason Industries") today announced that it has acquired the Matchless Metal Polish Company (“Matchless”) in an all cash transaction valued at $5 million.The Matchless Metal Polish Company, founded in 1885, provides a full line of metal finishing products and services including buffing compounds, buffing wheels, abrasives and chemicals with annual sales of approximately $8 million. With its 135 history, Matchless is recognized by both customers and competitors alike for quality and dependability.Through the acquisition of Matchless, Jason will further expand its polishing product line offerings within North America. The business will be integrated into Jason’s Industrial segment within Osborn, a leading global provider of solutions for surface preparation and finishing, cleaning and containment, and material and structural positioning, with product lines including brushes, polishing buffs and compou
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