Right Lane Industries Announces Agreement To Acquire The Rear Discharge Mixer Businesses Of Mcneilus And London Machinery Inc. From Oshkosh Corporation
Right Lane Industries Announces Agreement To Acquire The Rear Discharge Mixer Businesses Of Mcneilus And London Machinery Inc. From Oshkosh Corporation
01/31/23, 8:59 PM
Industry
manufacturing
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Right Lane Industries (“Right Lane”) announced today that it has entered into a purchase agreement to acquire London Machinery, Inc. and the Rear Discharge Mixer business of McNeilus Truck and Manufacturing, Inc. (collectively, “RDM” or the “Business”) from Oshkosh Corporation. The acquisition, which is expected to close near the end of February, includes all rear discharge concrete mixer operations of the seller, including the iconic Bridgemaster brand, but does not include any of the McNeilus-branded refuse or front discharge mixer product lines.
Company Info
Company info
Right Lane Industries is a privately-held industrial holding company focused on acquiring manufacturing and industrial services businesses for a permanent holding period. RLI is controlled and majority-owned by its management team, which allows for nimble decision making, and a long-term orientation that is driven by a desire to build great businesses. Right Lane specializes in corporate carveouts and other non-traditional buyout transactions.