StageAcq - Fin | Alive
About Swan Hose
Swan Hose is a hose manufacturer providing hoses for all watering uses and is a primary producer of soaker hose that weeps water directly to the root zone. It’s other brands are WaterWorks and Element lead the retail landscape in products and performance. In April 2013, Swan Hose was acquired by Jacobson Partners. The valuation of Swan Hose was undisclosed. Other terms of the deal were not released.
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Latest Swan Hose News
Apr 12, 2013
Tekni-Plex, Inc. Sells Swan Hose Business to Jacobson Partners KING OF PRUSSIA, Pa., April 11, 2013 /PRNewswire/ -- Tekni-Plex, Inc. announced today that it has sold its Swan Hose business to Jacobson Partners, a private equity firm located in New York City. Terms of the transaction were not disclosed. With a history tracing back over 80 years, Swan is a leading developer, manufacturer, and marketer of high-quality consumer and industrial hoses serving a blue-chip customer base that includes leading home improvement and mass merchant retailers. Swan's product portfolio includes a comprehensive offering of high-quality garden, specialty and industrial hoses marketed under the Swan®, WaterWorks™, Element® and Aero-Tube® brand names, as well as on a private label basis. Paul Young, President and CEO of Tekni-Plex, commented, "We have been very pleased with the recent performance of Swan, and have effected this sale to allow us to focus on our core healthcare, food packaging and specialty segments. We intend to use the net proceeds of the sale to reduce our leverage by redeeming outstanding bonds. " About Tekni-Plex, Inc. Tekni-Plex, Inc. is a global manufacturer of a diverse range of technically-sophisticated and value-added packaging products primarily serving the healthcare, food and consumer industries. For more information on the capabilities of Tekni-Plex, visit www.tekni-plex.com or call the Company at (484) 690-1520. Contact:
Swan Hose Frequently Asked Questions (FAQ)
Where is Swan Hose's headquarters?
Swan Hose's headquarters is located at 1201 Delaware Ave, Marion.
What is Swan Hose's latest funding round?
Swan Hose's latest funding round is Acq - Fin.
Who are the investors of Swan Hose?
Investors of Swan Hose include Jacobson Partners and Tekni-Plex.
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