The C.A. Lawton Co. Acquires Nidec Minster's Grey & Ductile Iron Foundry
July 8, 2020
Nidec Minster Corporation sold its grey and ductile iron foundry to The C.A. Lawton Co., a portfolio company of Oakland Standard; the transaction closed on June 30, 2020. The foundry will operate under Oakland Standard’s Specialty Metals platform as a second location of C.A. Lawton; terms were not disclosed and Balmoral Advisors served as sell-side advisor to Nidec Minster.
- Buyers
- The C.A. Lawton Co., Oakland Standard
- Targets
- Nidec Minster Corporation foundry (grey and ductile iron foundry)
- Sellers
- Nidec Minster Corporation
- Platforms
- The C.A. Lawton Co.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Divestiture
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