Nelson Global Products, which designs and manufactures tubular and exhaust products for commercial vehicle markets, has sold its Morton, Illinois facilities to Morton Industries.
“This sale allows Nelson Global Products to place greater emphasis and resources on products that are a critical part of our growth strategy,” said Nelson Global Products CEO, Sergio Carvalho.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Nelson Global Products will also hold a portion of equity in the business along with the new owners. Terms of the acquisition were not disclosed.
Nelson Global Products acquired Morton Industries and Bradley Services (BSI) in August 2011. Morton Industries, founded in 1946, has a long history in Morton, Illinois and provides customers with tube fabrications and assemblies for customers such as Caterpillar and John Deere.
Nelson Global Products designs, manufactures and markets a broad range of exhaust and tubular products for OEM and aftermarket use for the global on-highway, off-highway, and power sports markets.
Products include mufflers and silencers; exhaust tube assemblies; EGR and Thermal Management Tubing (TMT) for emissions systems; pressurised tube assemblies for air, hydraulic and lubrication; and structural assemblies.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
