The rebrand took effect in early March.
Dallas-based rubber and fluid products distributor SBP Holdings has rebranded as Singer Industrial. The rebrand took effect March 6, according to a news release. SBP ranked as the No. 2 Hose/Accessories Distributor and No. 36 Industrial Distributor on MDM’s 2022 Top Distributors list.
The Singer Industrial brand better reflects “the group’s heritage and highlights its focus on industrial businesses and applications of all types,” the company said. As part of the brand update, Singer Industrial has created a new website and social media accounts.
Singer Industrial was founded in 1999 as Singer Equities, which eventually became Singer Bishop Products (SBP) Holdings. Singer Industrial is a portfolio company of New York-based private equity firm AEA Investors.
The rebrand comes just over a year after Singer sold its Bishop Lifting Products unit in February 2022. Singer has been active on the M&A front since then, most recently acquiring Canadian hydraulic equipment distributor Uni-Draulik earlier this month.
Singer Industrial President and CEO Craig Osborne was a panelist in MDM’s M&A Summit in February. His M&A insights were featured in a pair of MDM Premium blogs in March.
Related Posts
-
Central Hydraulics operates five locations across Florida, expanding SBP’s footprint in the U.S. to approximately…
-
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons…
-
Applied continued its investment in the automation industry with its fourth acquisition in that market…
Brad Star is an Associate Editor at MDM, having joined the company in August 2022. He spent most of the previous two years as a Business Reporter for USA-Today Network-Wisconsin’s Appleton Post-Crescent, writing its Buzz column that covered local retail and consumer service businesses in the Fox Cities. Star has a degree in economics from Beloit College.
Read the latest articles and see your reports.
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
