USCO acquires 75% stake in Strickland Tracks

USCO S.p.A., a portfolio company of One Equity Partners, acquired a 75% stake in Strickland Tracks Limited, a UK-based manufacturer of undercarriage crawler tracks. The acquisition allows USCO to enter the OEM segment for medium-low weight machines and expand its UK presence.

“The acquisition of a majority interest in Strickland allows USCO to enter the OEM segment of the assembly frame for medium-low weight machines and continued development of USCO’s global footprint, increasing its presence in the UK market.”bdo.co.uk

• 1 source
• bdo.co.ukUSCO S.p.A. (“USCO”) acquires a 75% stake in Strickland Tracks Limited (“Strickland”) - BDOJan 29, 2020

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