MW Industries, a portfolio company of Genstar Capital, has acquired Helical Products Company Inc. No financial terms were disclosed. Based in Santa Maria, California, Helical is a producer of standard and custom couplings, U-Joints, and machined springs.
CHICAGO, February 9, 2015 – MW Industries, a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, announced today the acquisition of Helical Products Company, Inc., a manufacturer of standard and custom couplings, U-Joints, and machined springs.
Located in Santa Maria, CA, Helical Products Company has served the domestic and international markets since 1961. Helical’s origins began with the HELI-CAL® Flexible (Beam) Coupling, including the concept and method of producing the HELI-CAL Flexure as a single piece flexible coupling/coupler and spring. Over the years, the versatility and capabilities of the Helical product line have enabled it to become well known, and well accepted, in the global marketplace.
Bill Marcum, CEO of MW Industries, said, “Helical Products Company has an excellent reputation in the domestic and international marketplace for innovation, quality, and a true focus on the customer’s needs. The company’s product and workforce are highly complementary to our existing business base, and as part of the MW integrated family of companies, we believe that Helical Products is better positioned to penetrate and expand in our existing markets, including aerospace and aviation, agriculture, medical, recreational, and other industrial markets.”
MW has completed a number of acquisitions to strengthen its product offerings and customer base and is currently evaluating a strong pipeline of possible transactions.
About MW Industries
MW Industries, Inc., headquartered in Rosemont, IL, is a leading provider of highly engineered springs, specialty fasteners, machined parts and other precision components to more than 23,000 customers in over 35 countries. Its 40,000+ products are sold through a combination of direct sales, catalogs and distributors to original equipment manufacturers and aftermarket customers in a number of industries, including aerospace, medical, electronics, energy, agriculture/construction, automotive replacement and military.