The shareholders of Bronx International, Inc. have announced the sale of the company to the Fives Group for an undisclosed consideration.
Headquartered in North Canton, Ohio, Bronx offers a range of equipment, which includes, Bronx Taylor/Wilson and Abbey International brand names in-line mill finishing equipment consisting of straightening machines and hydrostatic machines, used either to straighten, test or finish pipes, bars and tubes, notably seamless tubes, and Electrical Resistance Welding (ERW) tube and pipe mills, used to produce tubular welded products.
Headquartered in Paris, France, Fives Group is an industrial engineering company that designs and supplies process equipment, production lines and turnkey plants for the world’s largest industrial groups in the aluminum, steel, glass, automotive & logistics, cement, energy and sugar sectors. With more than 5,500 employees on six continents and located in nearly thirty countries, Fives is known for its technological expertise and competence in executing large-scale international projects. Fives designs forward-thinking industrial solutions that anticipate clients’ needs in terms of profitability, safety and compliance with environmental standards.
Oaklins' team in Cleveland represented Bronx International, Inc. as its exclusive investment banker in its sale to the Fives Group.
Mark A. Filippell
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