Hillman Solutions Corp., the Cincinnati-based hardware supplier, has acquired Koch Industries Inc., a Minnesota-based manufacturer of rope and twine, chain and wire rope, and related hardware products. This acquisition marks Hillman’s first foray into the rope and chain category.
Hillman, whose brands include Hillman, Dominion, and Paulin, is also celebrating its 60th anniversary this year. Founded in 1964, the company grew from a small distributor of fasteners and hardware serving independent hardware stores in southern Ohio and northern Kentucky to become a North American entity, generating $1.5 billion annually.
