Worthington Enterprises Acquires Elgen Manufacturing from MFG Partners
June 26, 2025
Worthington Enterprises (NYSE: WOR) has acquired Elgen Manufacturing Company, a Closter, New Jersey-based maker of HVAC ductwork components, from private equity owner MFG Partners. The acquisition expands Worthington Enterprises’ building systems and components portfolio and is intended to accelerate Elgen’s ability to serve customers and support growth initiatives launched under MFG’s ownership.
- Buyers
- Worthington Enterprises (NYSE: WOR)
- Targets
- Elgen Manufacturing Company
- Sellers
- MFG Partners, Merit Capital
- Industry
- Building Products
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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