M&A Deal Summary

Folience Acquires Cimarron Trailers

On November 13, 2018, Folience acquired manufacturer Cimarron Trailers

Acquisition Highlights
  • This is Folience’s 1st transaction in the Manufacturing sector.
  • This is Folience’s 2nd transaction in the United States.
  • This is Folience’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2018-11-13
Target Cimarron Trailers
Sector Manufacturing
Buyer(s) Folience
Deal Type Add-on Acquisition

Target

Cimarron Trailers

Chickasha, Oklahoma, United States
Cimarron Trailers is an aluminum trailer manufacturer, where it manufactures innovative and high-quality horse and livestock trailers. It employs 135 people and operates out of a 90,000-square-foot plant facility on 20 acres of land. Its dealer network is located across North America, from California to Maryland, and Minnesota to Florida, and includes a dealer in Canada. They've helped put more than 12,000 trailers on the road.

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Buyer(S) 1

Buyer

Folience

Cedar Rapids, Iowa, United States

Category Company
Sector Diversified
DESCRIPTION

Folience is a employee-owned holding company that invests in profitable businesses with strong management continuity.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Oklahoma M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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