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) 2 of 13
Type (Add-on Acquisition) 2 of 17
State (Indiana) 1 of 1
Country (United States) 1 of 8
Year (2002) 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

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 -