Double E Company Acquires Schlumpf
September 20, 2019
Double E Company LLC, a portfolio company of River Associates Investments, acquired Schlumpf, Inc., a Windham, Maine-based manufacturer of roll and shaft material-handling equipment, in a transaction that closed September 20, 2019. The add-on expands Double E’s engineered roll- and shaft-handling product offerings and leverages Double E’s worldwide direct sales force to drive growth; terms were not disclosed.
- Buyers
- Double E Company LLC, River Associates Investments
- Targets
- Schlumpf, Inc.
- Platforms
- Double E Company LLC
- Industry
- Manufacturing
- Location
- Maine, United States
- Transaction Type
- Addon
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