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In 1986, Milcor was a small division of Inland Steel providing niche metal products to various con-struction trades. The Gallagher team acquired Milcor, added seasoned leaders to the existing man-agement team, and committed resources to profitably grow the com-pany’s product lines and distribution channels. Working closely with management, four strategic acquisitions were executed and fully integrated into the company. These transactions allowed Milcor to build upon its heritage of quality and reliability while diversifying into related product lines and increasing its manufacturing capabilities. During the course of Gallagher’s ownership, Milcor became a leader in each of the markets it served and grew its revenues more than six-fold.
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