Acquiring Company
Miller Industries
Acquired Company
CYLINDER
OoltewahManufacturingAutomotiveDescription
Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, today announced that it has acquired Southern Hydraulic Cylinder, Inc., a custom hydraulic cylinder manufacturer, in an all-cash transaction for an aggregate purchase price of approximately $17.5 million, subject to certain pre- and post-closing adjustments for cash and net working capital.
Who to call at Miller Industries, and when
When Miller Industries changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired CYLINDER?
CYLINDER was acquired by Miller Industries, based in Ooltewah. The deal was reported on May 31, 2023. Miller Industries is the world's largest manufacturer of towing and recovery equipment. Miller Industries manufacturers a wide variety of towing and recovery equipment with capabilities from 8,000 lbs. Miller Industries is publicly traded (MLR) and operates in Manufacturing.
When did Miller Industries acquire CYLINDER?
Miller Industries's acquisition of CYLINDER was reported on May 31, 2023. Miller Industries, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CYLINDER do?
CYLINDER is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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