Cooper Industries Buys GS Metals, Clarity Lighting - Modern Distribution Management

Cooper Industries Buys GS Metals, Clarity Lighting

Cooper Industries, Ltd. has acquired Illinois-based GS Metals, a manufacturer of customized metal safety grating systems, bolted framing, and ladder and wire basket cable tray, and UK-based Clarity Lighting, a designer and manufacturer of light-emitting diode architectural lighting and control solutions.
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Expected full-year sales for the two companies in 2007 are $55 million and the combined purchase price is $49 million.
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Cooper is committed to building upon our core businesses, enhancing them by adding more technology and end-user specified products into the portfolio so that we can better serve our customers,” said Cooper Industries CEO Kirk S. Hachigian. “The acquisition of GS Metals complements our existing Cooper B-Line product offerings and enables us …

Cooper Industries, Ltd. has acquired Illinois-based GS Metals, a manufacturer of customized metal safety grating systems, bolted framing, and ladder and wire basket cable tray, and UK-based Clarity Lighting, a designer and manufacturer of light-emitting diode architectural lighting and control solutions.
&nbsp ;
Expected full-year sales for the two companies in 2007 are $55 million and the combined purchase price is $49 million.
&nbsp ;
Cooper is committed to building upon our core businesses, enhancing them by adding more technology and end-user specified products into the portfolio so that we can better serve our customers,” said Cooper Industries CEO Kirk S. Hachigian. “The acquisition of GS Metals complements our existing Cooper B-Line product offerings and enables us …

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