Emporia, Kansas, based Hopkins Manufacturing Corp., a maker of branded automotive aftermarket products, has acquired Mallory Industries Inc., a provider of winter snow tools and automotive window squeegees with a headquarters in Blenheim, Ontario. The financial terms of the transaction were not published. Hopkins has made a number of acquisitions since it was bought in June 2011 in a management buyout led by Canadian mid-market private equity firm ONCAP. The Toronto-based ONCAP is affiliated with Onex Corp.
Hopkins Acquires Mallory
EMPORIA, KS. August 5, 2013 – Hopkins Manufacturing Corporation announced that it has acquired Mallory. Founded in 1891, Mallory is the leading Canadian provider of winter snow tools and the North American leader in automotive window squeegees. The combination of the Mallory snow tools with the Hopkins’ SubZero® brand of ice and snow tools represents the most comprehensive assortment
available in North America today.
“Combining Hopkins as the winter tool leader in the United States and Mallory as the leader in Canada, allows us to service both the U.S. and Canadian markets with the most comprehensive line of products available,” said Bradley T. Kraft, President and Chief Executive Officer of Hopkins. “In addition, Mallory’s market-leading branded line of squeegees significantly expands our presence in this product
category,” added Mr. Kraft.
“We’re very excited that Hopkins will continue the heritage of Mallory long into the future,” said John Mallory, President of Mallory. “Hopkins has an outstanding reputation in the industry and we could not think of a better partner to ensure the future for our company.” Mr. Mallory, grandson of the founder, will assist in the transition through the end of 2013.
As part of the acquisition, Hopkins will add manufacturing and distribution facilities in Blenheim, Ontario and South Sioux City, Nebraska. The Blenheim facility will provide new capabilities in Canada to better serve the Canadian market with all Hopkins products.
Recent acquisitions by Hopkins include the fluid management drain pans and ramps of F3 Brands, the non-gas can business of Blitz USA; and Mr. Funnel®, a simple but effective line of portable fuel filters that remove water, dirt and debris from all types of fuels; Hopkins also acquired the TowDaddy® line of towed vehicle wire harness kits earlier this year.
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