Angstrom Automotive Group Acquires Engineering Tube Specialties, Inc.
May 14, 2018
Angstrom Automotive Group LLC has acquired Engineering Tube Specialties, Inc. (ETS), a Tier 1 supplier of steel tubular assemblies based in Ortonville, Michigan. The transaction, advised by Angle Advisors, transfers ownership from ETS President and sole shareholder Bill Brothers to Angstrom to expand Angstrom’s propulsion and tubular-component capabilities within the automotive supply chain.
- Targets
- Engineering Tube Specialties, Inc.
- Sellers
- Bill Brothers (President and sole shareholder of ETS)
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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