Galco completes acquisition of D. F. Burnham & Company to enhance fluid power solutions

Oct 30, 2024•about 1 year ago

Acquiring Company

Galco Industrial Electronics

Acquired Company

D. F. Burnham & Company

Madison Heights

Sterling HeightsManufacturingOil And Gas

Description

Galco Industrial Electronics, Inc. has announced the acquisition of D. F. Burnham & Company, a leader in hydraulic and pneumatic components. The acquisition positions Galco to provide enhanced fluid power solutions for customers, combining D. F. Burnham's expertise with Galco's distribution network to deliver greater value to the industrial automation market.

Company Information

Company

Galco Industrial Electronics

Location

Madison Heights, Michigan, United States

About

Galco is a leading global distributor of industrial electronics and automation products and services, providing solutions to increase efficiency, reduce downtime, and enhance safety. From conception to commissioning, Galco also offers repair services, engineering services, and custom control panel solutions to support industrial operations worldwide.

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Galco completes acquisition of D. F. Burnham & Company to enhance fluid power solutions

Description

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Company Information