M&A Deal Summary

Daifuku Webb Holding Company Acquires Elite Line Services

On September 4, 2012, Daifuku Webb Holding Company acquired aerospace company Elite Line Services from G&T Conveyor Company

Acquisition Highlights
  • This is Daifuku Webb Holding Company’s 1st transaction in the Aerospace sector.
  • This is Daifuku Webb Holding Company’s 1st transaction in the United States.
  • This is Daifuku Webb Holding Company’s 1st transaction in Texas.

M&A Deal Summary

Date 2012-09-04
Target Elite Line Services
Sector Aerospace
Buyer(s) Daifuku Webb Holding Company
Sellers(s) G&T Conveyor Company
Deal Type Divestiture

Target

Elite Line Services

Carrollton, Texas, United States
Elite Line Services is a airport service providers in the US. With more than 800 employees, the company provides installation, operations and maintenance support for baggage handling systems, passenger boarding bridges and ground support equipment in many of the nations busiest airports.

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Buyer(S) 1

Buyer

Daifuku Webb Holding Company

Farmington Hills, Michigan, United States

Category Company
Founded 2011
Sector Machinery
DESCRIPTION

Daifuku Webb Holding Company developing innovative material handling systems that are the centerpiece of thousands of manufacturing facilities, warehouses/distribution centers, automotive plants, airports and cleanrooms.


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1

Seller(S) 1

SELLER

G&T Conveyor Company

Tavares, Florida, United States

Category Company
Sector Machinery
DESCRIPTION

G&T Conveyor Company, Inc. is a designer, manufacturer, installs and services large scale baggage handling systems in airports


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-06 The Horsley Company

Salt Lake City, Utah, United States

The Horsley Company LLC is a manufacturer and installer of custom baggage conveyor systems.

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