Actuant Acquires Kwikee Products Company

June 16, 2014

Actuant Corporation (NYSE:ATU) has acquired Kwikee Products Company, a Cottage Grove, Oregon-based maker of actuation and storage systems for the North American recreational vehicle market, in an asset purchase valued at approximately $30 million. Kwikee, which employs about 115 people across Oregon and Indiana and generated roughly $24 million trailing twelve-month sales, will operate within Actuant's Engineered Solutions segment and be combined with Actuant's Power Gear business to capture product and customer synergies.

Buyers
Actuant Corporation
Targets
Kwikee Products Company, Inc.
Industry
Manufacturing
Location
Oregon, United States
Transaction Type
Buyout

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