Douglas Dynamics Acquires Venco Venturo Industries

Lincoln Electric Acquires Vanair Manufacturing

July 31, 2024

Manufacturing

Lincoln Electric Holdings, Inc. has acquired Vanair Manufacturing, LLC, a Michigan City, Indiana-based maker of vehicle-mounted mobile power solutions including compressors, generators, welders, hydraulics and chargers. The deal (Vanair ~ $100M revenue) expands Lincoln Electric's product and channel capabilities into the service-truck market and will be reported in its Americas Welding segment.

Crane Company Acquires Vian Enterprises, Inc.

January 3, 2024

Aerospace & Defense

Crane Company has acquired Vian Enterprises, Inc. for approximately $103 million on a cash-free, debt-free basis. Vian, a designer and manufacturer of multi-stage lubrication pumps and lubrication system components for aerospace and defense, reported trailing 12-month sales of about $33 million and adjusted EBITDA of approximately $8 million; Crane said the acquisition expands its Aerospace & Electronics fluid solution capabilities and is expected to be immediately accretive to segment margins.

nVent Electric Acquires ECM Industries for $1.1 Billion

May 18, 2023

Industrial Services

nVent Electric plc entered into a definitive agreement to acquire ECM Industries, LLC from ECM Investors, LLC (the parent of ECM Industries) for $1.1 billion, subject to customary adjustments. The acquisition was expected to close in Q2 2023 and integrate ECM Industries into nVent’s Electrical and Fastening Solutions business segment.

Rulmeca Group Acquires Douglas Manufacturing Company

April 24, 2023

Manufacturing

Rulmeca Holding Spa (Rulmeca Group) has acquired Douglas Manufacturing Company, Inc., effective April 20. The acquisition integrates Douglas into Rulmeca's global materials-handling platform to expand Rulmeca's presence in the United States while giving Douglas access to greater investment, global supply chains, and a broader product portfolio.

The Toro Company Acquires Venture Products (Ventrac)

January 21, 2020

Manufacturing

The Toro Company has agreed to acquire Venture Products, Inc., the manufacturer of Ventrac-branded turf, landscape and snow-management equipment, for $167.5 million in cash. The deal, expected to close before the end of Toro's fiscal 2020 second quarter, expands Toro's professional product offering and is expected to be financed under Toro's existing revolving credit facility; Ventrac reported approximately $100 million in net sales for calendar year 2019.

The Eastern Company Acquires Velvac Holdings, Inc. from Prospect Partners

April 4, 2017

Manufacturing

The Eastern Company has acquired Velvac Holdings, Inc., a portfolio company of Prospect Partners, for $39.5 million plus an earnout tied to Road-iQ growth. Velvac — a designer and manufacturer of camera-enabled vision systems for medium and heavy-duty commercial vehicles and motorhomes — will operate as an independent subsidiary with its existing CEO continuing to lead the business.