Lund Precision Products Ltd has been accquired by the Fisher-Barton Group. Financial terms of this transaction have not been disclosed.
Lund Precision Products Ltd is positioned as Europe’s leading provider of high performance agricultural cutting systems. With manufacturing and distribution facilities located in Athlone, Ireland, the company provides products for agricultural tillage tools, agricultural harvesting equipment, and agricultural crop movement equipment.
Founded in 1973, the Fisher-Barton Group is the largest OEM supplier of lawn mower blades and agricultural knives in the world. Prior to this acquisition, the Fisher-Barton Group consisted of seven business units located throughout the USA and Vietnam: Fisher-Barton Blades, Inc., Fisher-Barton Specialty Products, Inc., Fisher-Barton South Carolina, Inc., Thermal Spray Technologies, Inc., Accurate Specialties, Inc., Lineage Alloys, Inc., and Zenith Cutter, Inc.
Fisher-Barton's President, Greg Wilkey stated, “Lund Precision Products provides us with the manufacturing footprint we desired to serve and expand our European customer base. We’re excited to bring our industry leading materials expertise to the European continent. We are confident that the synergies gained through the addition of Lund Precision Products will prove to be very beneficial to the domestic and international markets that we serve.”
Oaklins' team in Ireland advised the seller in connection with this transaction.
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