Commercial Tube Processing has been acquired by Nelson Global Products

Tube Processing Corporation has sold its division Commercial Tube Processing (CTP) to Nelson Global Products Inc.

CTP is a leading provider of rigid tube assemblies, sheet metal fabrications, tooling, precision weldments and engineering services utilized for engine, exhaust and hydraulic applications. The company is headquartered in the midwest and serves its entrenched, tenured customer base from its strategically located manufacturing facilities. It provides an all-encompassing solution set and solidifies its position as a trusted partner for original equipment manufacturers (OEMs).

With 80 successful years of engineering and manufacturing experience, Nelson Global Products designs, manufactures and markets a broad range of thermal management, acoustic, air and fluid mechanics and structural products for OEM and aftermarket use for the global on-highway, off-highway, industrial and powersports markets. Nelson Global Products is a Wind Point Partners company, with approximately 3,000 employees and 20 manufacturing facilities located in the USA, India, Mexico, Brazil, China and Australia.

Oaklins’ team in Cleveland served as the exclusive financial advisor to Tube Processing Corporation in this transaction.

Service

M&A sell-side

Parties

“Deciding to proceed with the divestiture of our diesel engine market division CTP was hard. However, we were even more overwhelmed with the amount of work that this transaction process requires. Engaging the team in Cleveland allowed us to move forward with the peace of mind we needed. We are now post-close and couldn’t be happier with the outcome.”

Katie Jacobsen

President and CEO, Tube Processing Corporation

Talk to the deal team

Mark A. Filippell

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets

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