Cummins completed the acquisition of Engendren from Merit Capital.

Synopsis

Cummins, a designer, manufacturer and distributor of diesel and natural gas engines, completed the acquisition of the Engendren, a manufacturer of heat dissipation systems for heavy industrial engines, from Merit Capital, a private equity firm. Financial terms were not disclosed.

Principals

target

Engendren Corporation

bidder

Cummins

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Market Context

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Seller Team (2)

james kettinger

CEO at ENGENDREN CORPORATION

Manager

target

Deal

n/a

Total Value

michael barfuss

CFO at ENGENDREN CORPORATION

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

molly puga

Executive Director at CUMMINS INC

Manager

bidder

Deal

n/a

Total Value

Vendor Team (1)

adam gifford

Managing Director at Lincoln International

Financial Advisor

vendor

Deals

£ 379 M

Total Value

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