Behrens Manufacturing, LLC
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Behrens Manufacturing, LLC - overview
Established
1911
Location
Winona, MN, US
Primary Industry
Packaging
About
Behrens Manufacturing, LLC produces durable galvanized steel metalware, specializing in containers like buckets and tubs that cater to diverse consumer needs, emphasizing sustainability and functionality for both individuals and commercial clients. Founded in 1911 and headquartered in Winona, US, Behrens Manufacturing, LLC specializes in metalware products. The company has undergone changes since its inception, including an acquisition by Mill City Capital from Gladstone Companies in December 2016. It has completed three deals to date.
Dana Busch, Ron Hornbaker, and Steve Tuscic currently lead the company as CEOs. Behrens Manufacturing Company specializes in high-quality galvanized steel metalware designed for durability and versatility. Their core product offerings include a range of containers such as buckets, tubs, and cans, engineered to withstand harsh outdoor conditions while being aesthetically pleasing for indoor use. These products serve various purposes, from gardening and landscaping to storage and organization, addressing the needs of consumers who prioritize functionality and sustainability.
Behrens products target individual consumers and commercial clients, including retailers and wholesalers, particularly emphasizing markets in the United States and Canada. The company prides itself on its commitment to creating items that are 100% recyclable and long-lasting, thus contributing positively to environmental sustainability. Behrens Manufacturing operates through a direct sales model, engaging both B2B and B2C transactions. The company sells its products through various retail channels, ensuring availability for end consumers while establishing partnerships with wholesalers to expand market reach.
The revenue structure includes sales of their flagship items, such as the patented Infinity Lids and a variety of galvanized tubs and buckets, which are priced competitively to appeal to a broad customer base. Typical transactions involve retailers purchasing bulk quantities of Behrens products, later sold to consumers requiring durable, high-quality solutions for their storage and organizational needs. The company’s commitment to quality and functionality continues to drive demand in the metalware market, further solidifying its position in this industry. Behrens Manufacturing plans to expand its product line by introducing new items designed for specific applications, though no specific release dates have been outlined.
Geographic expansion is on the agenda, targeting new markets in Canada, with efforts aimed at implementation by the end of 2023. The recent acquisition in December 2016 will support these growth initiatives, although specific funding utilization details have not been disclosed.
Current Investors
Mill City Capital
Primary Industry
Packaging
Sub Industries
Consumer Products, Packaging
Website
www.behrensmfg.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Behrens Manufacturing, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Behrens Manufacturing, LLC | - | ||||||||
| Secondary Buyout | Completed | Behrens Manufacturing, LLC | - | ||||||||
| Buyout | Completed | Behrens Manufacturing, LLC | - |
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