Exclusive financial advisor to Hummock Industries
KPMG Corporate Finance LLC acted as exclusive financial advisor to Hummock Industries
KPMG Corporate Finance LLC is pleased to announce the acquisition of Hummock Industries and its subsidiaries Heyco Metals Inc. and National Bronze, LLC by Wieland North America, Inc., a subsidiary of the Wieland Group.
Heyco Metals was founded in 1969 and is a leading value-added processor of engineered copper, copper alloys, and stainless steel coil & strip based out of Reading, PA.
National Bronze was founded in 1911 and is a leading manufacturer and distributor of bronze bushings, bearings, and other industrial precision components based out of Roseville, MI.
“Like Wieland, Heyco Metals and National Bronze are recognized for exceptional quality and service. Our ambitious growth plans include the continued diversification of product categories and manufacturing capabilities, allowing Wieland to support the growing and challenging needs of our customers today and, more importantly, well into the future,” says Dr. Erwin Mayr, CEO of Wieland. “This acquisition also reaffirms Wieland’s commitment to continued investment and growth in North America.”
About Wieland Group
Wieland Group is a global manufacturer and supplier of semi-finished copper and copper alloy products including rolled products, rods, tin plated strips, and wires. Over recent years, Wieland has acquired a number of copper and brass product manufacturers in the U.S. This acquisition further diversifies Wieland’s product and manufacturing capabilities and enhances their U.S. footprint.
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