One Equity Partners Agrees to Acquire Montanhydraulik [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Yahoo! Finance
definitive agreement to acquire Montanhydraulik GmbH ("Montanhydraulik" or the "Company"). The Company is a leading global industrial engineering and manufacturing specialist of high-quality ultra-large-scale hydraulic cylinders, aggregates and entire hydraulic systems, and a provider of related worldwide maintenance and repair services. Founded in 1952 and based in Holzwickede, Germany, Montanhydraulik provides tailor-made hydraulic cylinder solutions for demanding applications across various heavy-duty industries such as infrastructure, electric grid, mining, hydropower, wind, mobile cranes and other sectors. The Company has over 1,100 employees across 10 locations globally. "With its established market position and extensive geographic reach, Montanhydraulik is well-positioned for strategic expansion through an M&A-driven growth strategy," said Marc Lindhorst , Partner at One Equity Partners. "Through an active M&A approach, we see an opportunity to integrate complementary busi
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