M&A Deal Summary

CTB Acquires Shenandoah Manufacturing

On August 9, 2002, CTB acquired electrical equipment company Shenandoah Manufacturing

Acquisition Highlights
  • This is CTB’s 1st transaction in the Electrical Equipment sector.
  • This is CTB’s 2nd transaction in the United States.
  • This is CTB’s 1st transaction in Montana.

M&A Deal Summary

Date 2002-08-09
Target Shenandoah Manufacturing
Sector Electrical Equipment
Buyer(s) CTB
Deal Type Add-on Acquisition

Target

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.

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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 3 of 19
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 3 of 17
State (Montana) 1 of 1
Country (United States) 2 of 8
Year (2002) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-01 Beard Industries

Frankfort, Indiana, United States

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-03 Firelake Manufacturing

Dassel, Minnesota, United States

Firelake Manufacturing LLC is a provider of poultry electrical heaters.

Buy -