BUFFALO, N.Y. (April 4, 2011)—Gibraltar Industries Inc. has completed it acquisition of D.S. Brown Co., a maker of expansion joints, structural bearings and pavement sealants for bridges, highways and infrastructure projects.
D.S. Brown was acquired from Altus Capital Partners Inc. for an undisclosed amount and reported sales of about $65 million in 2010. D.S. Brown is 100 years old and has a five-year annual growth rate of 10 percent.
Gibraltar said the deal helps the firm meet its goal of focusing on building and industrial end markets.