Alco Manufacturing Corporation, LLC.: Blue Point and Alco Are a Well-Oiled Machine with the Acquisition of K&M Precision Products Co.

CLEVELAND, Feb. 01, 2017 (GLOBE NEWSWIRE) -- Blue Point Capital Partners and its Blue Point II portfolio company, Alco Manufacturing Corporation, LLC, announced today the acquisition of K&M Precision Products Co., a complementary precision machined steel products manufacturer and Alco's third facility acquired while partnered with Blue Point."K&M continues Alco's capability expansion and is the second transaction in twelve months for Alco, following the 2016 add-on acquisition of Lakeshore," said Sean Ward, a Partner with Blue Point. "Alco is the one-stop machining company for the fittings industry, and the continued expansion positions Alco for future end market and material growth."Alco maintains a significant market share with many of the largest North American fittings companies and serves a variety of end markets, including construction, agriculture, mining, water ...Full story available on Benzinga.com