Usco Group

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.

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.

Italian company Usco Group acquired Midland Steel Traders (MST), a Gateshead-based supplier of parts for earthmoving and construction machinery.