Beckner Clevy Partners and Speyside Equity Acquire Dalton Corporation from Neenah Enterprises
May 2, 2016
Dalton Corporation, a Warsaw, Indiana foundry specializing in complex gray iron castings, was sold by Neenah Enterprises to private equity firms Beckner Clevy Partners and Speyside Equity. Cleary Gull acted as Neenah Enterprises' exclusive financial advisor; the buyers intend to leverage their industrial expertise to support Dalton's operational growth.
- Buyers
- Beckner Clevy Partners, Speyside Equity
- Targets
- Dalton Corporation (Dalton Foundries)
- Sellers
- Neenah Enterprises, Inc.
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Divestiture
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