M&A Deal Summary

Advanced Recycling Systems Acquires Ernest Industries

On September 21, 2022, Advanced Recycling Systems acquired machinery company Ernest Industries

Acquisition Highlights
  • This is Advanced Recycling Systems’ 1st transaction in the Machinery sector.
  • This is Advanced Recycling Systems’ 1st transaction in the United States.
  • This is Advanced Recycling Systems’ 1st transaction in Ohio.

M&A Deal Summary
Date 2022-09-21
Target Ernest Industries
Sector Machinery
Buyer(s) Advanced Recycling Systems
Deal Type Add-on Acquisition

Target

Ernest Industries

Springfield, Ohio, United States
Ernest Industries is a fabricator of short load concrete mixers and road stripping machines and has a diverse mix of customers including OEMs, contractors and municipalities. The products are correlated to infrastructure improvements. Ernest Industries is based in Springfield, Ohio.

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Buyer(S) 1

Buyer

Advanced Recycling Systems

Lowellville, Ohio, United States
Category Company
Founded 1991
Sector Machinery
DESCRIPTION

Advanced Recycling Systems is a designer and manufacturer of patented equipment utilized in the collection, recycling, and removal of dust and debris generated in industrial environments. Advanced Recycling Systems was founded in 1991 and is based in Lowellville, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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