July 23, 2007

Shareholders of Myers Industries, Inc., Akron, OH, has approved the plan of merger, where Myers Holdings Corp., controlled by GS Capital Partners, would acquire the polymer product manufacturer and distributor of tools, equipment and supplies for $1.1 billion, including the assumption of debt.
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The company had sales of $780 million in 2006.
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GS Capital Partners is part of Goldman Sachs & Co.’s Principal Investment Area in the Merchant Banking …

Womack Machine Supply Company has acquired Birmingham, AL-based FPS Technologies.

FPS distributes many of the same product lines as Womack (Bosch Rexroth, Haskel, Hydac, Hydraforce) and operates a hydraulic repair center near Birmingham . The industries they serve include Automotive, Steel, Wood Products, Material Handling and Marine.

The combination of both companies allows Womack Machine Supply to expand distribution and service of fluid power and automation products into Alabama, Mississippi, and the Florida panhandle.

Womack Machine Supply is an industrial distributor of hydraulic, …