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0.000550155877498645 -0.000825233816247968 -0.00412616908123971 -0.00256739409499359 -0.00559325142123601 0.0097175866495508 0.0148542086924629 0.017238217494957
Stock impact report

Shiloh Industries, a Portfolio Company of MiddleGround Capital, Acquires Two US Automotive Facilities From Benteler

Worthington Enterprises, Inc. Common Shares (WOR) 
Last worthington enterprises, inc. common shares earnings: 3/26 06:55 am Check Earnings Report
Company Research Source: Business Wire
LEXINGTON, Ky.--(BUSINESS WIRE)--MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is excited to announce the acquisition of two automotive facilities from Benteler International (“Benteler”) by its portfolio company Shiloh Industries (“Shiloh”). The acquisition is MiddleGround’s first add-on investment to Shiloh, which MiddleGround took private last year. This transaction also marks MiddleGround’s third investment in the automotive industry in the 13 months. Earlier this year, MiddleGround raised its Mobility Opportunity Fund, LP, a vehicle dedicated to investing behind disruptive trends transforming the automotive industry including vehicle lightweighting, electrification of the powertrain, autonomous driving and connected car technologies.The Benteler facilities, located in Kalamazoo, Michigan and Goshen, Indiana, provide complementary hot forming Show less Read more
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