Right Lane Industries Announces Agreement To Acquire The Rear Discharge Mixer Businesses Of Mcneilus And London Machinery Inc. From Oshkosh Corporation
Acquiring Company
Right Lane Industries
Acquired Company
McNeilus
Description
Right Lane Industries (“Right Lane”) announced today that it has entered into a purchase agreement to acquire London Machinery, Inc. and the Rear Discharge Mixer business of McNeilus Truck and Manufacturing, Inc. (collectively, “RDM” or the “Business”) from Oshkosh Corporation. The acquisition, which is expected to close near the end of February, includes all rear discharge concrete mixer operations of the seller, including the iconic Bridgemaster brand, but does not include any of the McNeilus-branded refuse or front discharge mixer product lines.
Quick answer
Right Lane Industries is acquiring McNeilus and Machinery, announced January 31, 2023.
- How much did Right Lane Industries pay for McNeilus?
- The deal value was not disclosed.
- What does Right Lane Industries do?
- Right Lane Industries is a privately-held industrial holding company focused on acquiring manufacturing and industrial services businesses for a permanent holding period.
- Who are the decision-makers at Right Lane Industries?
- Fundz holds 2 contacts at Right Lane Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Right Lane Industries, and when
When Right Lane 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 McNeilus?
McNeilus was acquired by Right Lane Industries. The deal was reported on January 31, 2023. Right Lane Industries is a privately-held industrial holding company focused on acquiring manufacturing and industrial services businesses for a permanent holding period. Right Lane Industries is privately held and operates in Manufacturing.
When did Right Lane Industries acquire McNeilus?
Right Lane Industries's acquisition of McNeilus was reported on January 31, 2023. Right Lane Industries (“Right Lane”) announced today that it has entered into a purchase agreement to acquire London Machinery, Inc. and the Rear Discharge Mixer business of McNeilus Truck and Manufacturing, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does McNeilus do?
McNeilus Truck and Manufacturing is an industry leader in refuse truck bodies, OEM parts and customer support and service. Our lineup of front loaders, rear loaders and automated side loaders help you handle every route more efficiently. It is privately held, operating in Manufacturing.
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