MergerLinks Header Logo

Announced

Completed

Arcline-backed Glebar completed the acquisition of Everite Machine Products from Eureka Equity.

Synopsis

Arcline-backed Glebar, a precision grinding solutions organization, completed the acquisition of Everite Machine Products, a manufacturer of industrial machinery, from Eureka Equity Partners, a private equity firm. Financial terms were not disclosed. "We are excited by this opportunity and welcome the Everite team to Glebar. Combining the capabilities of Tridex and Everite will increase our ability to provide ECG solutions to our expanded customer base. Additionally, we will bring Glebar's service and aftermarket capabilities to the Everite customer install base strengthening our existing partnerships through improved service and support," Robert Baker, Glebar CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US