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DIVERSIFIED INDUSTRIAL OPERATOR ACQUIRES KIMBLE MIXER


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Spring Lake, Mich.-based Hines Corp. has closed on a deal for Kimble Mixer Co. and sister fabrication and chassis companies, noting that the mixer truck and component businesses will continue to operate independently and without interruption or name change. Since its founding in 1994, New Philadelphia, Ohio-based Kimble Mixer has “grown into a major force in the industry by paying attention to customers and constantly improving product,” says CEO Jim Cahill. “Hines Corporation shares our vision and is the perfect partner to help us reach the next levels of success.”

“[Our firm] specializes in helping mature businesses grow and become more successful,” says Hines Corp. President Larry Hines. “In addition, we look for companies that offer opportunities for significant growth and performance. The Kimble companies are a perfect fit.” Privately held Hines Corp. oversees 10 subsidiaries across six operating platforms, with product lines including valves, springs, fuel dispensers and boilers.

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