Printer Friendly

Discount Ramps Acquires Longstanding Partner Heavy Duty Ramps.

M2 EQUITYBITES-May 10, 2016-Discount Ramps Acquires Longstanding Partner Heavy Duty Ramps

(C)2016 M2 COMMUNICATIONS http://www.m2.com

10 May 2016 - Kewaskum, Wisconsin-based hauling and transportation products retailer DiscountRamps.com has acquired US-based aluminium ramps maker Heavy Duty Ramps LLC, the company said.

The financial terms of the transaction were not disclosed.

Discount Ramps and Heavy Duty Ramps have had a longstanding strategic partnership, and the acquisition places the two companies under common ownership. Heavy Duty Ramps will operate as a standalone subsidiary of Discount Ramps.

Richard Beilstein, Heavy Duty Ramps founder, will remain with the company as an executive vice president and will be actively involved in working with customers and designing ramp systems.

Rotunda Capital Partners acquired a majority stake in Discount Ramps in December 2013.

Discount Ramps is an online retailer of loading, hauling and transportation products. Offering more than 11,000 products, the company primarily services the powersports, mobility, recreational, commercial, transportation, military and industrial markets.

Heavy Duty Ramps has been in the ramp manufacturing business for 36 years. It specialises in the creation and manufacturing of aluminum loading systems for numerous industries, including the military.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2016 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:May 10, 2016
Words:202
Previous Article:Covenant Care Acquires Florida Home Health Provider Peoples.
Next Article:UK Mobile Payments Firm Bango Acquires Carrier Billing Service BilltoMobile.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters