M&A Deal Summary

Motis Brands Acquires Cargo Equipment

On October 17, 2023, Motis Brands acquired automotive company Cargo Equipment

Acquisition Highlights
  • This is Motis Brands’ 2nd transaction in the Automotive sector.
  • This is Motis Brands’ 3rd transaction in the United States.
  • This is Motis Brands’ 1st transaction in Illinois.

M&A Deal Summary

Date 2023-10-17
Target Cargo Equipment
Sector Automotive
Buyer(s) Motis Brands
Deal Type Add-on Acquisition

Target

Cargo Equipment

Huntley, Illinois, United States
Cargo Equipment is a manufacturer of heavy-duty tie-downs and cargo equipment, that provides custom, made-to-order tie down solutions to serve a broad range of industries and end-markets. Cargo Equipment was founded in 1962 and is based in Huntley, Illinois.

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Buyer(S) 1

Buyer

Motis Brands

Germantown, Wisconsin, United States

Category Company
Sector Automotive
DESCRIPTION

Motis Brands manufactures and distributes active brands in the loading, hauling, mobility, and automotive segments. The company's three divisions, Discount Ramps, Race Ramps, and Heavy Duty Ramps, combine to offer patented product designs and proprietary manufacturing processes with broad distribution and eCommerce expertise. Motis Brands is based in Germantown, Wisconsin.


DEAL STATS #
Overall 3 of 3
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 Discount Ramps

Germantown, Wisconsin, United States

Discount Ramps LLC is an online retailer of loading, hauling and transportation products. Offering more than 11,000 products, the company primarily services the power sport, medical, recreational, commercial, transportation, military, and industrial markets. Discount Ramps was founded in 2000 and is based in Germantown, Wisconsin.

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