CMP Group Acquires MarineTech Products
March 9, 2020
CMP Group Ltd, an Ironbridge portfolio company headquartered in Delta, British Columbia, has acquired MarineTech Products, Inc., a marine-products manufacturer based in Vadnais Heights, Minnesota. The deal expands CMP's U.S. presence and broadens its recreational marine product portfolio; founder and owner Larry Grundtner will remain with the combined business to support the transition.
- Buyers
- CMP Group Ltd, Ironbridge Equity Partners
- Targets
- MarineTech Products, Inc.
- Sellers
- Larry Grundtner
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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