Mergers & Acquisitions

Original Press Release

Strapbinder Acquisition

Press release date: December 28, 2016

STRAPBINDER® by IDEAL-TRIDON Strapbinder® has been a leading manufacturer of securement products for over 75 years. As an industry leader, Ideal Clamp Products, Inc. is always looking for opportunities to better serve customers and to improve the scope of our product offering. We are extremely excited to formally announce that Strapbinder is now part of the IDEAL-TRIDON product family. Strapbinder® preformed hose clamps, banding, buckles and application tools are known in the industry for their high quality, and IDEAL-TRIDON remains committed to excellent customer service and will continue to exceed customer expectations. The product names and part numbers that you have ordered for years will continue to be as you know them.

Together, Strapbinder and IDEAL-TRIDON add strength and value to the market. Ideal is a leading global engineering solutions designer and manufacturer of stainless steel worm gear and specialty clamps for industrial, heavy duty, plumbing, marine, auto and specialty hose clamps used in a broad range of fastening and sealing applications. Headquartered in Smyrna, Tennessee, the IDEAL-TRIDON brand is manufactured and distributed globally from facilities in North America, Europe and Asia. This includes distribution centers in California, Tennessee and Texas…making our 100% order fill goal easy to meet. With the marriage of Strapbinder and IDEAL-TRIDON you now have one supplier that can provide a vast range of products.

“The combination of Ideal and Strapbinder® expands our product offering and end market reach, and it allows us to better serve our collective customers. We are excited to welcome Strapbinder® into the Ideal-Tridon family,” said Mike Reese, President & CEO of Ideal-Tridon. Please visit www.idealtridon.com and www.strapbinder.com for more information.