In a strategic move to bolster its footprint in the Southeastern U.S., Dallas-based Singer Industrial has acquired Wilmington Rubber & Gasket Co., Inc. (WRG), a well-established distributor of industrial rubber products headquartered in Wilmington, North Carolina. The acquisition, announced on May 7, aligns with Singer Industrial’s ongoing expansion strategy.
Singer Industrial, formerly known as SBP Holdings, is a leading distributor specializing in industrial rubber, fluid power, and automation products. With over 115 locations across North America and more than 1,400 employees, the company offers a comprehensive range of products and services, including industrial and hydraulic hoses, conveyor belts, gaskets, sealing products, and fluid power solutions.
The company’s growth strategy focuses on acquiring businesses that complement their existing operations and enhance its service capabilities. Recent acquisitions include Capital Rubber & Gasket Co. and Fluid Tech Hydraulics.
Established in 1985, Wilmington Rubber & Gasket has built a compelling reputation as a premier supplier of industrial rubber and related products in Southeastern North Carolina. The company offers a diverse range of products, including hoses, gaskets, packing, belting, plastics, and pumps. WRG also provides custom hose assemblies, rubber, and plastic fabrication, and operates a full-service water jet cutting facility.
WRG serves a wide array of industries, such as pulp and paper, chemical, marine, power, nuclear, utility, and construction, delivering superior quality items and exceptional service to its clients.
The acquisition of WRG by Singer Industrial is a strategic move to strengthen its presence in the Southeastern U.S. market. By integrating WRG’s specialized services and established customer base, Singer Industrial aims to enhance its service capabilities and product offerings in the region. This acquisition aligns with Singer’s broader strategy of growth through strategic partnerships and acquisitions, enabling the company to provide comprehensive solutions to its customers across North America.
The terms of the deal were not disclosed.
