Actuant (ATU) to Acquire Weasler Engineering in $155M Deal

May 20, 2011 8:34 AM EDT
Actuant Corporation (NYSE: ATU) to acquire Weasler Engineering, Inc., for $155 million, which will be funded from the Company’s cash and revolving credit facility.

KeyBanc Capital Markets acted as advisor to Actuant for this transaction while McDermott, Will & Emery LLP served as legal counsel.

Weasler generated approximately $85 million in revenue in the past twelve months.


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