AZZ Divests Business to Fabricating Company
By Metal Center News Staff
on Oct 27, 2020
AZZ Inc., Fort Worth, Texas, has completed the divestiture of its AZZ SMS LLC operating business unit to Mid-State Machine and Fabricating Corporation, a privately held company based in Lakeland, Fla. Mid-State acquired the SMS business and assumed a 26,155-square-foot facility located in St. Petersburg, Fla.
SMS was acquired by AZZ in 2013 as part of the acquisition of Aquilex Specialty Repair and Overhaul LLC.
"The divesture of SMS is in line with our strategic plan to restructure our portfolio to focus on growth within our core businesses. We are pleased to have reached an agreement with Mid-State to acquire SMS, while maintaining uninterrupted service to the customers of SMS, and employment for the SMS work force,” said Tom Ferguson, CEO of AZZ.