MFG PARTNERS


Associated tags: Supply Chain Management, Mitsubishi Logisnext Americas Inc., Philosophy, CST, History, OH, MFG, Finance, Professional Services, Warehouse, USD, Retail, Food, Engineering, MLA, EBIT, Morgan Stanley, Automation, EPS, Logistics

Locations: NEW YORK

Jungheinrich AG to acquire Storage Solutions group to add strategic foothold in fast-growing U.S. warehouse automation market

Retrieved on: 
Wednesday, January 25, 2023

German intralogistics pioneer Jungheinrich AG (“Jungheinrich”) is acquiring Indiana-based Storage Solutions group (“Storage Solutions”), a leading provider of racking and warehouse automation solutions in the U.S., to gain enhanced access to the attractive U.S. warehousing and automation market.

Key Points: 
  • German intralogistics pioneer Jungheinrich AG (“Jungheinrich”) is acquiring Indiana-based Storage Solutions group (“Storage Solutions”), a leading provider of racking and warehouse automation solutions in the U.S., to gain enhanced access to the attractive U.S. warehousing and automation market.
  • Storage Solutions: an established platform for racking and warehouse automation in the U.S.
  • Storage Solutions, headquartered in Westfield, Indiana, is a U.S. warehouse design, automation and integration company with 170 employees and 45 years of experience in delivering turnkey, best-fit solutions to customers.
  • By combining the expertise and capabilities of both partners, Jungheinrich and Storage Solutions will jointly drive the further development of innovative automation solutions.

MFG Partners Makes Eighth Platform Investment

Retrieved on: 
Thursday, November 17, 2022

MFG Partners (MFG), a private equity firm based in New York, is pleased to announce that it has completed an investment in Chucks Septic Tank and Drain Cleaning, Inc., CST Utilities, LLC, and I-Bore, LLC (collectively CST or the Company).

Key Points: 
  • MFG Partners (MFG), a private equity firm based in New York, is pleased to announce that it has completed an investment in Chucks Septic Tank and Drain Cleaning, Inc., CST Utilities, LLC, and I-Bore, LLC (collectively CST or the Company).
  • The investment was made in partnership with PNC Mezzanine Capital (PNC MC) and Centerfield Capital Partners (Centerfield).
  • Jonathan Schilowitz, Partner at MFG, said, We are extremely excited about our partnership with the CST Utilities team.
  • MFG Partners is a private equity firm that makes control investments in North American-based industrial, manufacturing, distribution, and business-to-business services companies.