◂ Announcements

Aug 17, 2018ACQUISITIONHanover, Pennsylvania, United States

C.H. Reed sells Assembly Tool Division to Rhino Assembly

C.H. Reed, Inc. signed a definitive agreement to sell its Tool and Assembly division to Rhino Assembly Company, an assembly tool solutions provider based in Charlotte, NC. The sale allows C.H. Reed to focus on its Compressed Air Group and Finishing and Fluid Handling Technologies.

Status

Announced

Productsassembly tools

CompaniesC.H. Reed target Rhino Assembly Company acquirer

Sectors#Industrial Machinery

“Today, C.H. Reed, Inc. is excited to announce the signing of a definitive agreement to sell C.H. Reed’s Tool and Assembly division to Rhino Assembly Company”chreed.com

1 source
chreed.comC.H. Reed Announces Sale of Assembly Tool Division to RhinochreedAug 17, 2018

Summarized from public sources; check the original articles before acting on it.

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