M&A Deal Summary

Fulton Acquires Draw-Tite

On January 1, 1991, Fulton acquired automotive company Draw-Tite

Acquisition Highlights
  • This is Fulton’s 1st transaction in the Automotive sector.
  • This is Fulton’s 1st transaction in the United States.
  • This is Fulton’s 1st transaction in Michigan.

M&A Deal Summary

Date 1991-01-01
Target Draw-Tite
Sector Automotive
Buyer(s) Fulton
Deal Type Add-on Acquisition

Target

Draw-Tite

Plymouth, Michigan, United States
Draw-Tite is a manufacturer of custom trailer hitches. Draw-Tite provides top quality in every hitch and receiver made. Solid all-welded construction is used for maximum strength and safety. Backed by a nationwide limited lifetime warranty, the custom-built hitches are manufactured to vehicle-specific weight specifications and model year to ensure perfect fit and towing performance. Draw-Tite was formed in 1946 and is based in Plymouth, Michigan.

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Buyer(S) 1

Buyer

Fulton

Plymouth, Michigan, United States

Category Company
Founded 1990
Sector Automotive
DESCRIPTION
Cequent Performance Products' corporate headquarters in Plymouth, Michigan.
Cequent Performance Products' corporate headquarters in Plymouth, Michigan.

Fulton is a manufacturer of line of trailer jacks, winches, and couplers. Fulton was formed in 1990 and is based in Plymouth, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1991 M&A 1 of 1