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Announced

Alleghany Capital Corporation sold Warren Manufacturing to Kentucky Trailer.

Synopsis

Alleghany Capital Corporation, a wholly owned subsidiary of Alleghany Corporation, sold Warren Manufacturing to Kentucky Trailer, a leading provider of animal feed transportation equipment. Headquartered in Birmingham, Alabama, Warren Manufacturing designs, produces, and services bulk feed delivery truck bodies and trailers for the poultry and other end markets. Financial terms were not disclosed. Gary A. Smith, Sr., President and Chief Executive Officer of Kentucky Trailer, commented, "We are excited to expand Kentucky Trailer's position within the animal feed transportation market through this transaction, which follows closely on our December 2018 acquisition of CEI. As part of the acquisition, Jack Lyle, President of Warren Manufacturing, and Mike Dennis, Vice President of Sales of Warren Manufacturing, as well as a dedicated team of associates will be joining CEI. Through the combined expertise of the teams at Kentucky Trailer, CEI, and Warren Manufacturing as well as an enhanced facility and service footprint, we believe that CEI brings a truly unique set of capabilities and resources to its markets."

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