Mergers & Acquisitions

We continue to look for opportunities to grow our business and are actively seeking new M&A ideas.

Since 2009, Worthington has deployed approximately $1.1 billion on over 20 acquisitions.

 

RECENT ACQUISITIONS

  
    

NEW PLATFORM CRITERIA:

  • Exposure to attractive mega trends/macro growth drivers
  • Highly-engineered or technology-enabled products and services in diverse markets
  • EBITDA Margins > 10%
  • Demonstrable competitive advantage
  • Headquartered in North America
  • Enterprise value between $50 million and $500 million
  
STRATEGIC ADD-ONS:
  • Steel Processing: High value-added steel processing, automotive lightweighting technologies
  • Consumer Products: Market leading brands sold primarily through big-box retailers focused on tools, outdoor living and celebrations
  • Building Solutions: Commercial and residential building products primarily sold through distributors
  • Sustainable Energy Solutions: Turnkey solutions in the growing Hydrogen ecosystem and adjacent sustainable energies like compressed natural gas


M&A APPROACH AND PROCESS:

  • Assess opportunities quickly but thoughtfully
  • Strong balance sheet and profitability provide ample liquidity for new acquisitions