Singer Equities acquires Summers Rubber stakes

MARYLAND-based Singer equities Inc. has acquired the operating assets of Cleveland, Ohio-based Summers Rubber Company.

The latter, which is operating through eight locations in Ohio and Pennsylvania is recognised as one of the premier industrial rubber distributors in the US. In lieu of the acquisition, the business will operate as Singer’s eighth platform company and will continue to go to market under the “Summers Rubber” brand.

Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holding LP and through 40 locations provide wire rope and rigging products and industrial rubber products to a variety of industrial end markets.(RJA)