M&A Deal Summary

Builtrite Handlers & Attachments Acquires Lemco Hydraulics

On October 12, 2018, Builtrite Handlers & Attachments acquired machinery company Lemco Hydraulics

Acquisition Highlights
  • This is Builtrite Handlers & Attachments’ 1st transaction in the Machinery sector.
  • This is Builtrite Handlers & Attachments’ 1st transaction in the United States.
  • This is Builtrite Handlers & Attachments’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2018-10-12
Target Lemco Hydraulics
Sector Machinery
Buyer(s) Builtrite Handlers & Attachments
Deal Type Add-on Acquisition

Target

Lemco Hydraulics

Hill City, Minnesota, United States
Lemco Hydraulics, Inc. is a designer and producer of families of Truck Mount and Stationary Material Handlers, in addition to a full suite of material handling Attachments. Lemco products are well known in a broad array of market niches the company serves including; Forestry and Logging, Saw Mills, Municipalities, Utilities, Solid Waste and Material Recycling, and Mining, among other niches. Lemco Hydraulics is based in Hill City, Minnesota.

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Buyer(S) 1

Buyer

Builtrite Handlers & Attachments

Two Harbors, Minnesota, United States

Category Company
Founded 1989
Sector Machinery
DESCRIPTION

Builtrite Holdings LLC is a manufactures custom, stationary electric material handlers (also known as stationary electric excavators), truck mounted material handlers (also known as knuckle boom loaders), and a wide variety of attachments for use in the solid waste industries (waste transfer, material recovery facilities (MRF), waste to energy plants, etc.), scrap recycling, foundation drilling, railroad maintenance, general construction and mining industries. Builtrite shifted its marketing focus shortly after it was founded from timber harvesting and logging to these new, growing markets. Builtrite was founded in 1989 and is based in Two Harbors, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1