Centre Lane Partners Acquires Hardinge's Machine and Workholding Businesses; Creates Kellenberger and Forkardt Hardinge
September 19, 2024
Affiliates of private equity firm Centre Lane Partners acquired substantially all of Hardinge Inc.'s global machine and workholding businesses through transactions under the U.S. Bankruptcy Code. The machine operations will operate as Kellenberger (led by Greg Knight) and the workholding operations as Forkardt Hardinge (led by Ryan Ervin), each positioned for independent growth with renewed capital and operational flexibility.
- Buyers
- Centre Lane Partners
- Targets
- Kellenberger, Forkardt Hardinge
- Sellers
- Hardinge Inc.
- Industry
- Manufacturing
- Location
- St. Gallen, Switzerland
- Transaction Type
- Divestiture
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