Hillman Acquires Delaney Hardware; Expands Pro Distribution Categories Adding Door Hardware
Rhea-AI Summary
Hillman (Nasdaq: HLMN) acquired Delaney hardware, a U.S. door- and builder’s-hardware supplier, expanding Hillman’s pro distribution categories to include door hardware and strengthening its builder’s hardware offering.
Delaney serves builders, contractors and distributors (concentrated in the Southeast). Hillman expects to recognize over $10 million in net sales from Delaney in fiscal 2026. Financial terms were not disclosed. This is Hillman’s second acquisition in 2026.
AI-generated analysis. Not financial advice.
Positive
- Expected net sales of over $10 million in fiscal 2026
- Category expansion into door hardware and builder’s hardware for pro distribution
- Second acquisition in 2026 supporting an active M&A growth strategy
Negative
- Financial terms of the Delaney acquisition were not disclosed
- Delaney’s customer base is concentrated in the Southeast, implying regional concentration risk
News Market Reaction – HLMN
On the day this news was published, HLMN gained 2.80%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HLMN was down 1.27% while key peers were mostly negative as well (e.g., SWK -2.31%, TTC -1.55%, KMT -1.02%, TKR -0.9%), but momentum scanners showed no coordinated sector move.
Previous Acquisition Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 06 | Industrial MRO acquisition | Positive | +1.7% | Acquisition of Campbell Chain & Fittings adding industrial MRO product set. |
| Aug 26 | Cleaning products acquisition | Positive | +0.3% | Acquisition of Intex DIY expanding Protective Solutions cleaning products category. |
Recent acquisition announcements have been received positively, with both tracked deals followed by modest share gains.
Over the last year, Hillman has used acquisitions to expand into new product categories and channels. The Intex DIY deal broadened cleaning products exposure, while the recent Campbell Chain & Fittings purchase added industrial MRO capabilities and is expected to contribute over $20 million in 2026 net sales. Both prior acquisition headlines saw positive next-day price reactions. Today’s Delaney deal continues this M&A-driven growth approach within the Pro distribution and hardware categories.
Historical Comparison
In the past two acquisition announcements, HLMN moved an average of +1.02% the next day. Today’s slight -1.27% move contrasts with that generally positive pattern.
Acquisitions have extended Hillman from cleaning textiles and Protective Solutions into industrial MRO and now door and builder’s hardware within the Pro distribution channel.
Regulatory & Risk Context
Hillman has an effective S-3ASR automatic shelf filed on 2025-08-05, allowing issuance of an unlimited amount of securities over the three-year period. As a WKSI, the company can quickly execute offerings via prospectus supplements to fund growth or M&A, though any such issuance could dilute equity holders or increase leverage.
Market Pulse Summary
This announcement adds a second 2026 acquisition, with Delaney expected to contribute over $10 million in fiscal 2026 net sales and broaden Hillman’s Pro distribution into door and builder’s hardware. It follows recent deals like Campbell Chain that also carry explicit revenue contributions. Investors may watch how these bolt-ons track against the company’s long-term sales and EBITDA objectives and monitor any future use of its effective S-3ASR shelf for funding further M&A.
Key Terms
smart locks technical
AI-generated analysis. Not financial advice.
CINCINNATI, April 13, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, announced that it has acquired Delaney hardware, a U.S.-based supplier of door hardware and builder’s hardware used in residential, multifamily, and commercial construction.
The acquisition of Delaney expands Hillman’s breadth in the pro distribution channel adding door hardware and expanding builder’s hardware to Hillman’s pro distribution business.
Delaney offers door hardware including entry locksets, deadbolts, door handles, digital and smart locks, and related builder’s hardware for multifamily, new construction and commercial use. Based near Atlanta, Delaney primarily serves builders, contractors, and building-product distributors across the United States, with concentration in the Southeast.
“The acquisition of Delaney increases our presence in the pro distribution channel and expands categories, both of which are strategic initiatives for Hillman,” commented Jon Michael Adinolfi, president, and chief executive officer of Hillman. “We look forward to leveraging this distribution platform to further increase our presence in pro distribution and Win the Pro.”
James Daly, Hillman’s recently appointed Senior Vice President, Pro, added: “Delaney is a well-respected regional distributor whose products expand our growing pro distribution capabilities adding both door hardware and builder’s hardware. We are confident that we can leverage Hillman’s core competencies together with Delaney’s pro distribution platform to drive profitable growth in the pro channel.”
Hillman expects to recognize over
This acquisition marks Hillman’s second acquisition in 2026 having recently acquired Campbell Chain & Fittings. Hillman continues to pursue acquisition opportunities as a key part of its long-term growth strategy.
About Delaney Hardware, Inc.
Delaney Hardware is a U.S.-based supplier of a wide range of residential and commercial grade door hardware, including knobs and levers, handle sets, builder’s hardware, digital locks, and deadbolts. Delaney’s brands are known for their stylish and quality products for homes, multi-family projects, and businesses. Founded in 1992 and based in Atlanta, Delaney serves the pro market through emphasizing durability and smooth function, with products sold through distributors and building suppliers.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
Forward-Looking Statements
All statements made in this press release that are considered to be forward-looking are made in good faith by the Company and are intended to qualify for the safe harbor from liability established by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. You should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," “target”, “goal”, "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) unfavorable economic conditions that may affect our and our customers’, suppliers’ and other business partners’ operations, financial condition and cash flows including spending on home renovation or construction projects, inflation, recessions, instability in the financial markets or credit markets; (2) increased supply chain costs, including tariffs, raw materials, sourcing, transportation and energy; (3) the highly competitive nature of the markets that we serve; (4) the ability to continue to innovate with new products and services; (5) seasonality; (6) large customer concentration; (7) the ability to recruit and retain qualified employees; (8) the outcome of any legal proceedings that may be instituted against the Company; (9) adverse changes in currency exchange rates; or (10) regulatory changes and potential legislation that could adversely impact financial results. The foregoing list of factors is not exclusive, and readers should also refer to those risks that are included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Annual Report on Form 10-K filed on February 17, 2026. Given these uncertainties, current or prospective investors are cautioned not to place undue reliance on any such forward looking statements.
Except as required by applicable law, the Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this communication to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Investors
Michael Koehler
Vice President of Investor Relations & Treasury
513-826-5495
IR@hillmangroup.com
