Transaction Overview
- Represented Columbus Hydraulics, on its sale to Wipro Hydraulics, the hydraulic cylinder manufacturing business of Wipro Infrastructure Engineering.
- Columbus designs and manufactures custom hydraulic cylinders for a variety of mobile applications across various end-markets.
Drivers of Interest
- Deep hydraulics engineering capabilities drive spec’d-in positions with OEM customers – creating high-switching costs.
- Strategically focused on high-mix, low-volume manufacturing of custom, customer / application specific cylinders.
- Entrenched relationships with an ever-expanding set of mobile equipment OEMs.
- Diverse end-markets / applications – agriculture, construction, turf maintenance and marine.
- Modern, state-of-the-art manufacturing facility.
- Strong leadership team and business systems.
- Robust organic growth prospects and healthy margins.
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