Midland States Bancorp Acquires Cerro Brass to Expand Brass Product Offerings and Market Reach

Midland Industries Expands Brass Product Offerings with Cerro Brass Acquisition

In a strategic move to enhance its product portfolio, Midland Industries announces its acquisition of Cerro Brass, a renowned manufacturer of brass components, from Cerro Flow Products. This acquisition marks a pivotal moment for Midland as it seeks to bolster its position within the industrial pipe, valve, and fittings market. Although financial details remain undisclosed, the integration of Cerro Brass is poised to significantly contribute to Midland’s operational capabilities and customer service across various sectors, including residential, commercial, and industrial markets.

Cerro Brass, based in St. Louis, Missouri, is celebrated for producing high-quality brass fittings, adapters, and needle valves. The acquisition allows Midland to utilize Cerro Brass’s established reputation and expertise while expanding its brass product offerings. Bryan Wight, CEO of Midland Industries, articulates that the addition of Cerro Brass aligns perfectly with the company’s strategic vision for growth and innovation. By leveraging Midland's extensive product range, broad sales reach, and substantial inventory, the company aims to deliver enhanced customer service and improve accessibility to quality brass components.

Midland Industries, with a legacy dating back to 1919, operates from ten facilities across the U.S. and Canada, marketing approximately 37,000 products. The acquisition of Cerro Brass not only strengthens Midland's operational framework but also reinforces its commitment to serving a diverse range of industries, including plumbing, HVAC, and fluid power. By integrating Cerro Brass into its existing structure, Midland Industries sets the stage for a more robust supply chain and an enriched product offering, further establishing itself as a trusted partner in the industrial sector.

As a portfolio company of Gemspring Capital, which manages $3.8 billion in assets, Midland Industries is well-positioned to drive growth and value creation through strategic acquisitions. The acquisition of Cerro Brass exemplifies Midland's focus on expanding its capabilities and enhancing its market presence, underscoring the company's ambition to lead in the industrial manufacturing space.

Overall, Midland Industries' acquisition of Cerro Brass is a significant step in its long-term growth strategy, reflecting the company’s commitment to innovation and customer satisfaction in an evolving market landscape.