Lexington, NE – Orthman Manufacturing, Inc. (“Orthman”) has been acquired by Unverferth Manufacturing Co., Inc. (“Unverferth”). Hennepin Partners acted as Orthman’s exclusive financial advisor and Baird Holm served as legal counsel.
Headquartered in Lexington, NE, Orthman is a leading manufacturer of precision agriculture equipment serving tillage, fertilizer delivery, planting, cultivation, and soil preparation applications. Its broad product line is positioned at the forefront of progressive farming practices, helping end-users achieve higher yields and increased profitability. Orthman enjoys a multi-decade history and a strong repuratation for quality, reliability, durability, longevity, and value. Its products are sold through an extensive domestic dealer network that is complemented by a growing international presence.
Unverferth is an Ohio-based manufacturer of tillage, seed handling, hay handling, grain handling, pull-type sprayers, fertilizer applicators, and wheel products across a multi-branded platform. In its evaluation of Orthman, Unverferth saw a natural fit between the culture, people and products of the two companies. According to Larry Unverferth, the president of Unverferth, “We look forward to expanding Orthman’s product line and its presence in the farming community in the months and years ahead.”
John McCoy, Orthman’s former owner and CEO, said, “The culture and innovative drive at Orthman and Unverferth are very similar. I have the utmost confidence that Unverferth will continue Orthman’s growth and take good care of the respective employees.”