# 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.

- Type: Acquisition
- Announced: 2020-01-29
- Where: Birmingham, England, United Kingdom
- Status: completed
- Products: undercarriage crawler tracks, G.E.T. (wear parts), buckets, repair parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [One Equity Partners](https://endata.com/companies/710.md) (investor)
- [Usco Group](https://endata.com/companies/38273.md) (acquirer)
- [Strickland Tracks](https://endata.com/companies/41293.md) (target)

## Sources

- [bdo.co.uk](https://www.bdo.co.uk/en-gb/deals/usco-s-p-a-(-usco%E2%80%9D)-acquires-a-75-stake-in-strickland-tracks-limited-(-strickland%E2%80%9D)), 2020-01-29: "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."

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