Kalmar sells US Rough Terrain Center to management-led group

Kalmar is selling its Kalmar Rough Terrain Center in Cibolo, Texas, to a management buyout group backed by Independent Bankers Capital Funds and Congruent Investment Partners. The deal includes the 13.3-acre plant that manufactures rough terrain material handling equipment.

“This transaction follows Kalmar's strategy to focus on container ports, heavy industry and distribution segments.”vertikal.net

• 1 source
• vertikal.netKalmar sells US RT businessJul 3, 2018

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