Crenlo Engineered Cabs
Crenlo manufactures engineered operator cabs for off-highway vehicles and heavy equipment
Status: Current
Investment date: November 2019
Business model: Niche Manufacturing
Sub-sector: Capital Goods & Equipment
Transaction type: Simultaneous Corporate Carve-Outs / Merger
Investment thesis:
Partner with Worthington Steel to carve out its Engineered Cabs division and acquire and integrate Crenlo Cab Products, a carveout from a private equity owned company, to establish a market leader
Add-ons completed: