Druid Capital and Elyton Capital Acquire Franklin Iron Works
March 2, 2022
Druid Capital Partners and Elyton Capital have completed the acquisition of Franklin Iron Works, Inc. and Alabama Castings, LLC (collectively "Franklin Iron"). The firms are partnering with existing management to expand capacity and upgrade equipment to serve growth end markets including power, wastewater, infrastructure and agriculture; Franklin Iron operates two Alabama facilities in Thorsby and Aliceville and employs approximately 145 people.
- Buyers
- Druid Capital Partners, LLC, Elyton Capital LLC
- Targets
- Franklin Iron Works, Inc., Alabama Castings, LLC
- Industry
- Manufacturing
- Location
- Alabama, United States
- Transaction Type
- Buyout
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