Dawn Industries buys Hedrickson, will move production to Colorado
Dawn Industries Inc. has acquired fellow irrigation products maker Hendrickson Brothers of Corona, Calif., and is moving work and equipment to Dawn’s headquarters plant in Arvada, Colo.
Hendrickson Brothers injection molds plastic products such as flow controls, pressure regulators, hose vacuum breakers and micro irrigation supplies for the agricultural, commercial and landscaping markets. Established in 1970, the company continues its retail operations.
Dawn manufactures Quickconnect insert fittings for pressure-rated polyethylene pipe and agricultural drip pipe. Its “Quick” product line includes seals, adapters, cutting and splicing tools, and other accessories.
Dawn’s director of sales Gerry Murray said the move would increase and broaden the company’s market presence. “With this acquisition, we look forward to strengthening our range of products and services,” Murray said in a June 24 letter to customers and suppliers.
The deal closed on May 20. The Hendrickson Brothers were represented in the transaction by DBA, a plastics-focused investment banking firm Molding Business Services Inc. in Florence, Mass., as an MBS advisor.
Dawn itself was acquired on 4 March by micro-irrigation products manufacturer Antelco Pvt Ltd of St Agnes, Australia, which belongs to Antelco Corp of Longwood, Fla., and Antelco UK Ltd of Leighton Buzzard, England.
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