Tramec Acquires Johnson Welded Products
March 5, 2024
Tramec, a portfolio company backed by High Street Capital and Wells Fargo Strategic Capital, has acquired Johnson Welded Products (JWP), a longtime manufacturer of steel and aluminum air reservoirs and related tanks based in Urbana, Ohio. The acquisition is Tramec's fourth add-on since its management-led recapitalization in 2021 and is intended to broaden Tramec's commercial vehicle product offering, enable cross-selling, and drive operational improvements and capacity growth at JWP's Urbana facility.
- Buyers
- Tramec, LLC, High Street Capital, Wells Fargo Strategic Capital
- Targets
- Johnson Welded Products, Inc.
- Platforms
- Tramec, LLC
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Addon
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