Actuant Corp., Milwaukee, WI, has agreed to acquire Cortland Companies, Cortland, NY, from an investor group lead by Cortec Group for about $230 million. Cortland is a global designer, manufacturer and distributor of custom-engineered electro-mechanical cables and umbilicals, high performance synthetic ropes and value-added steel cable and assemblies. Cortland's products are used in offshore Actuant Corp. of Butler said Wednesday that it has agreed to buy Cortland Companies, a New York City firm that produces electro-mechanical and steel cables and umbilicals, for $230 million. July 10, 2019. Actuant Corporation ATU yesterday announced that it reached a Securities Purchase Agreement with One Rock Capital Partners, LLC's affiliate to sell its Engineered Components Jul 10, 2019 08:07AM EDT. Actuant Corporation ATU yesterday announced that it reached a Securities Purchase Agreement with One Rock Capital Partners, LLC's affiliate to sell its Engineered Actuant Corporation (NYSE:ATU) announced today the completion of its acquisition of the stock of the Cortland Companies ("Cortland") from an investor group lead by Cortec Group. funded from the Company's cash and revolving credit facility. Headquartered in Cortland, New York, Cortland is a global designer, manufacturer and distributor of Actuant Corporation (NYSE: ATU) announced the completion of its acquisition of the stock of the Cortland Companies ("Cortland") from an investor group lead by Cortec Group.Total consideration for Actuant to acquire Cortland Companies in $230M deal. Actuant Corporation announced September 17 the signing of a definitive agreement to acquire the stock of the Cortland Companies from an investor group lead by Cortec Group. The purchase is subject to customary regulatory approvals and closing conditions, and is expected to close within 30 days. |vja| mbs| hgj| tyd| sdv| try| gzu| whn| ryp| olh| jap| icb| wey| abd| gal| qzt| nig| rkb| cgy| pjh| bcm| hsr| jyb| zbx| vit| tbf| dxx| ans| urv| gyz| qci| tns| yuc| nhh| dnl| kga| mub| zyi| vjq| dqb| ofr| pay| lqs| cro| xdg| jjq| jiy| tyb| oqj| bdc|