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  6. CTB Acquires Beard Industries

M&A Deal Summary

CTB Acquires Beard Industries

On February 1, 2002, CTB acquired machinery company Beard Industries

Acquisition Highlights
  • This is CTB’s 2nd transaction in the Machinery sector.
  • This is CTB’s 1st transaction in the United States.
  • This is CTB’s 1st transaction in Indiana.

M&A Deal Summary
Date 2002-02-01
Target Beard Industries
Sector Machinery
Buyer(s) CTB
Deal Type Add-on Acquisition

Target

Beard Industries

Frankfort, Indiana, United States
Beard Industries, Inc. is a grain dryer manufacturer based in Frankfort, Indiana

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Buyer(S) 1

Buyer

CTB

Milford, Indiana, United States
Category Company
Founded 1952
Sector Machinery
Employees1,100
DESCRIPTION

CTB, Inc. is a designer, manufacturer and marketer of equipment and systems for the poultry, hog, egg production and grain industries.

DEAL STATS #
Overall 2 of 19
Sector: Machinery M&A 2 of 13
Type: Add-on Acquisition M&A Deals 2 of 17
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 8
Year: 2002 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-22 Chore-Time Europe B.V.

Asten, Netherlands

Chore-Time Europe B.V. is a designer, manufacturer and marketer poultry and animal equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-09 Shenandoah Manufacturing Co.

Anderson, Montana, United States

Shenandoah Manufacturing Co., Inc. is a manufacturer of poultry heaters, nests and incinerators, as well as certain commercial heating products.

Buy -
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