Investment Summary

Worthington Enterprises Invests In Dhybrid Systems

On October 20, 2014, Worthington Enterprises invested in automotive company Dhybrid Systems

Investment Highlights
  • This is Worthington Enterprises’ 1st transaction in the Automotive sector.
  • This is Worthington Enterprises’ 10th transaction in the United States.
  • This is Worthington Enterprises’ 1st transaction in Utah.

Investment Summary
Date 2014-10-20
Target Dhybrid Systems
Sector Automotive
Investor(s) Worthington Enterprises
Deal Type Stake Purchase

Target

Dhybrid Systems

Salt Lake City, Utah, United States
Dhybrid Systems, LLC is in compressed natural gas (CNG) fuel systems. The main markets for the fuel systems are refuse and heavy duty trucks. The system designs allow for faster fill receptacles with synchronized filling and lower weight per gallon systems.

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Investor(S) 1

Investor

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 12 of 22
Sector (Automotive) 1 of 2
Type (Stake Purchase) 1 of 1
State (Utah) 1 of 1
Country (United States) 10 of 19
Year (2014) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Midstream Equipment Fabrication

Skiatook,, Oklahoma, United States

Midstream Equipment Fabrication LLC is a manufactures patented horizontal heated and high pressure separators used to separate oilfield fluids and gas for customers drilling in the Eagle Ford Shale and is well-situated to serve customers in the Permian Basin.

Buy $40M
FOLLOWING 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.

Buy -
Mergr

Product

Company

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