M&A Deal Summary

OTR Acquires Hoosier Wheel

On October 1, 2021, OTR acquired manufacturer Hoosier Wheel

Acquisition Highlights
  • This is OTR’s 1st transaction in the Manufacturing sector.
  • This is OTR’s 1st transaction in the United States.
  • This is OTR’s 1st transaction in Indiana.

M&A Deal Summary

Date 2021-10-01
Target Hoosier Wheel
Sector Manufacturing
Buyer(s) OTR
Deal Type Add-on Acquisition

Target

Hoosier Wheel

Evansville, Indiana, United States
Hoosier Wheel is an innovative manufacturer of custom tires and wheel assemblies for agriculture, lawn & garden, and industrial applications. Hoosier Wheel’s ever-growing customer base includes leading original equipment manufacturers and aftermarket suppliers from around the world. The company offers a complete line of pneumatic and semi-pneumatic wheels, including both steel and plastic rim construction, and a diverse offering of tire treads and sizes. Hoosier Wheel was founded in 1967 and is based in Evansville, Indiana.

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Buyer(S) 1

Buyer

OTR

Rome, Georgia, United States

Category Company
Founded 1987
Sector Manufacturing
Employees925
DESCRIPTION

OTR is a global manufacturer and provider of specialized off-the-road tires, wheels, mounted tire-wheel assemblies and rubber tracks for the construction, lawn and garden, mining, and agriculture end-markets, among others. OTR sells customized products, along with a variety of standard lines, to top multinational original equipment manufacturers (“OEMs”) and aftermarket customers. OTR was founded in 1987 and is based in Rome, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1