CBT Co. Announces Acquisition of FDL Automation & Supply Company
Acquisition to strengthen CBT’s position in the automation and MRO services in west central, Ohio
SIDNEY, OHIO – April 1, 2016 –CBT Co. (formerly Cincinnati Belting & Transmission) announced that it has acquired FDL Automation & Supply Company, a locally owned electrical distributor based in Sidney, Ohio. FDL provides electrical products and solutions to the contractor, original equipment manufacturer, and the industrial market. This acquisition will expand CBT’s Rockwell Automation/ Allen Bradley distributor territory to include all of the counties surrounding Sidney, Ohio, including Shelby, Clark, Auglaize, Logan, Champaign and Hardin. CBT and FDL have a similar offering in automation and electrical supplies, and CBT will add their additional power transmission, belting, and pneumatic products and services to the Sidney location with the acquisition.
“FDL has an excellent business and reputation in the market, and has a number of customers and suppliers that are also customers and suppliers of CBT. This is a great opportunity to do more together than either of us could accomplish individually,” said Jim Stahl, CBT President and owner. “We will maintain the Sidney facility and leverage our combined personnel, products, and services to provide an even better value proposition to our combined customer base.”
The Sidney location will officially operate as CBT as of April 1, 2016. The FDL team will join CBT’s 176 employees.
“We are a locally owned and operated company, and we are excited to continue to expand our footprint and service our existing and new customers in the Sidney market,” Stahl said.
CBT supplies automation, electrical, mechanical power transmission, pneumatic, and belting products for the industrial markets in the Greater Cincinnati, Greater Dayton, and Greater Sidney, Ohio markets. The company also operates a facility in Springboro, OH and plans to relocate its Cincinnati location to a new, 95,000 Sq. /Ft state-of-the-art facility in Columbia Township this summer. To learn more information about CBT visit www.cbtcompany.com.
The addresses for the (3) CBT facilities will be as follows:
CBT Cincinnati CBT Springboro CBT Sidney
737 W. 6th Street 130 Advanced Drive 301 South Stolle Avenue
Cincinnati, OH 45203 Springboro, OH 45066 Sidney, OH 45365
(513) 621-9050 Phone (937) 746-7356 Phone (937) 498-2104 Phone
(888) 492-2244 Toll Free (800) 686-9055 Toll Free (800) 755-2104 Toll Free
(513) 621-0549 Fax (937) 746-7852 Fax (937) 498-4832 Fax