Turnspire Capital Partners / Infinity Engineered Products Acquires Goodyear Air Springs from EnPro Industries
August 4, 2020
Turnspire Capital Partners, through its newly formed platform Infinity Engineered Products, has acquired the Goodyear Air Springs business (also referenced as the STEMCO Air Springs business) from EnPro Industries. The transaction ( ~$39.5 million per seller filing) transfers the global brand license, manufacturing facilities, IP, R&D center in Fairlawn, Ohio, and personnel to the Turnspire affiliate as the first acquisition for the Infinity platform.
- Buyers
- Turnspire Capital Partners LLC, Infinity Engineered Products (affiliate of Turnspire)
- Targets
- Goodyear Air Springs (STEMCO Air Springs)
- Sellers
- EnPro Industries, Inc.
- Platforms
- Infinity Engineered Products
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Divestiture
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