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DHG to Acquire Assets of Mulch Machines Maker Epic Manufacturing.

MANews-(C)2009-2019

22 May 2019 - Ohio, US-based private investment and holding company DHG, Inc. has entered into an agreement to acquire the assets of Delaware, US-based The Hydroseeding Company LLC d/b/a Epic Manufacturing, a manufacturer of hydraulically applied mulch machines and straw blowers, the company said.

Terms of the transaction were not disclosed.

The acquisition of assets will be accomplished by Erosion Control Products Corp., a subsidiary of DHG, Inc.

The transaction is expected to close by May 31st and Erosion Control Products Corp. plans to continue manufacturing and marketing Epic, Easy Lawn, and Reinco brand products in Sussex County, Delaware.

DHG, Inc. and its subsidiaries are primarily engaged in industrial manufacturing and distribution.

The firm's investments are typically focussed on improving business processes, developing new products and service options, and creating value for customers in the industries they serve with special emphasis on providing innovative solutions for soil and grounds management.

DHG, Inc.'s current holdings include Express Blower Inc., Finn Corp. and Cincinnati Wholesale Supply Inc. dba Finn All Seasons.

Country: USA

Sector: Machinery/Engineering

Target: The Hydroseeding Company LLC d/b/a Epic Manufacturing

Buyer: DHG, Inc

Vendor:

Deal size in USD:

Type: LBO

Financing:

Status: Agreed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:May 22, 2019
Words:213
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