# 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.

- Type: Acquisition
- Announced: 2018-07-03
- Where: Cibolo, Texas, United States
- Status: announced
- Products: Rough Terrain reach stackers, telehandlers, Rough Terrain container handlers, Rough Terrain forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Kalmar](https://endata.com/companies/4960.md)
- [Kalmar Rough Terrain Center](https://endata.com/companies/32906.md) (target)
- [Independent Bankers Capital Funds](https://endata.com/companies/32907.md) (investor)
- [Congruent Investment Partners](https://endata.com/companies/32908.md) (investor)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/30854/kalmar-sells-us-rt-business), 2018-07-03: "This transaction follows Kalmar's strategy to focus on container ports, heavy industry and distribution segments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.