Actuant to sell division for $214.5 million

Menomonee Falls-based Actuant Corp. plans to sell its Engineered Components & Systems division to New York private equity firm One Rock Capital Partners LLC for about $214.5 million, the companies announced today. The transaction is expected to close in the fourth quarter. EC&S includes Power-Packer, Elliott Manufacturing, Weasler Engineering, CrossControl, Maximatec and Gits Manufacturing. It … Continue reading Actuant to sell division for $214.5 million