XIK - Ownership and Business Overview

MachineryCompany

XIK Ownership

Who owns XIK?

XIK is owned by GKN. It was acquired on February 1, 1999.

Was XIK formerly PE-backed?

Yes. XIK was formerly owned by 1 private investor.

XIK Business Overview

Where is XIK headquartered?

XIK is headquartered in Lisle, Illinois.

How many employees does XIK have?

XIK has 2,490 employees.

What sector is XIK in?

XIK is a machinery company.

When was XIK founded?

XIK was founded in 1986.

Machinery M&A Summary in 1999

Out of 60 sectors in the Mergr database, machinery ranked 7 in number of deals in 1999. The largest machinery acquisition in 1999 was Aeroquip-Vickers - which was acquired by Eaton for $1.7B.

Join Mergr to view all 48 acquisitions of machinery companies in 1999, including 23 acquisitions by private equity firms, and 25 by strategics.

XIK Corp.

550 Warrenville Road,
Lisle, Illinois 60532
United States,
(630)245-8800

Interlake manufactured ferrous metal powders for use primarily in the automotive industry and specialty jet engine components. Interlake also had a materials handling business that it intended to sell.


Company Summary

SECTOR

Machinery

Employees

2,490

Established

1986

Former Name

Interlake Corp.

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