USCO to acquire 75% stake in Strickland Tracks

One Equity Partners' portfolio company USCO SpA agreed to acquire a 75% stake in Strickland Tracks Ltd, a designer and assembler of undercarriage frames. The transaction is expected to close in October 2019.

“For us, Strickland represents a significant opportunity to enter the OEM segment of the assembly frame for medium-low weight machines as well as to increase our presence in the UK market and to acquire potential fast-growing businesses in China and India.”oneequity.com

• 1 source
• oneequity.comOne Equity Partners’ USCO Has Agreed to Acquire a 75% Stake in Strickland Tracks | News | One Equity PartnersAug 13, 2019

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