M&A Deal Summary

Worthington Enterprises Acquires Trilogy Engineered Solutions - CNG Fuel Solutions Assets

On October 9, 2015, Worthington Enterprises acquired automotive company Trilogy Engineered Solutions - CNG Fuel Solutions Assets

Acquisition Highlights
  • This is Worthington Enterprises’ 2nd transaction in the Automotive sector.
  • This is Worthington Enterprises’ 12th transaction in the United States.
  • This is Worthington Enterprises’ 2nd transaction in Ohio.

M&A Deal Summary

Date 2015-10-09
Target Trilogy Engineered Solutions - CNG Fuel Solutions Assets
Sector Automotive
Buyer(s) Worthington Enterprises
Deal Type Divestiture

Target

Trilogy Engineered Solutions - CNG Fuel Solutions Assets

Stow, Ohio, United States
Trilogy Engineered Solutions LLC - CNG Fuel Solutions Assets is a provider of automotive products and accessories.

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Buyer(S) 1

Buyer

Worthington Enterprises

Columbus, Ohio, United States

Category Company
Founded 1955
Sector Metals/Mining
Employees4,000
Revenue 4.9B USD (2023)
DESCRIPTION
Entrance to Worthington Industries' corporate headquarters in Columbus, Ohio.
Entrance to Worthington Industries' corporate headquarters in Columbus, Ohio.

Worthington Enterprises is a diversified metal processing company. Worthington is a value-added steel processor and a leader in manufactured metal products such as metal framing, pressure cylinders, automotive past model service stampings, metal ceiling grid systems, and laser-welded blanks. Worthington Enterprises was founded in 1955 and is based in Columbus, Ohio.


DEAL STATS #
Overall 14 of 22
Sector (Automotive) 2 of 2
Type (Divestiture) 2 of 5
State (Ohio) 2 of 5
Country (United States) 12 of 19
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-16 Rome Strip Steel

Rome, New York, United States

Rome Strip Steel Co., Inc. is a manufactures cold rolled strip steel to extremely tight tolerances, primarily for the automotive industry.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-23 Taylor-Wharton International - CryoScience

Minnetonka, Minnesota, United States

The CryoScience product line includes cryogenic biologic specimen storage, dewars/shippers, controls and data management solutions for global biomedical research and development, healthcare, bio-banking, pharmaceutical, biotechnology and animal husbandry markets. The business also distributes products through warehouses located in Germany and Australia.

Buy -