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Apache Inc. » Press Releases

March 22, 2013 – Apache Hose & Belting, Inc. Completes Acquisition of Hose Central

Dec. 4, 2007 (Cedar Rapids, Iowa) – Apache Hose & Belting, Inc. today announced completion of the acquisition of Hose Central. The transaction was finalized on Thursday, Nov. 29, 2007. The combination of Apache Hose and Belting and Hose Central brings together two of the industry’s most respected wholesale distribution companies.

This is a strategic addition to Apache’s retail business and represents a significant step for Apache to accelerate growth in our core business sectors. Apache will be focused on developing attractive opportunities to increase top-line growth as well as achieve significant cost synergies.

The implementation will be seamless for the Hose Central customer base due to the successful planning and execution that has taken place over the past several months. Hose Central will begin shipping product from the Apache corporate warehouse on Tuesday, December 4, 2007.

"This is an exciting milestone for our company and we look forward to the growth opportunities Hose Central brings. The product mix will enhance our existing lines and bring new channel opportunities in multiple national locations," Tom Pientok, Apache President and COO said. "We believe the acquisition of Hose Central has great potential to increase our footprint in the marketplace."

Apache Hose and Belting is a national market leader in fabrication and wholesale distribution of hose, belting and related products. Their wide diversity of product lines and industry leading on-time delivery performance makes them one of the best in the business.

Apache Hose & Belting, Inc. Completes Acquisition of Hose Central
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Posted 3/22/13 at 12:01pm by Apache Inc.