Dresner Partners Advises AWP Industries, Inc. on its Sale to Nashville Wire Products MFG. Co., Inc.
|Wednesday, January 11, 2012|
FOR IMMEDIATE RELEASE
DRESNER PARTNERS ADVISES AWP INDUSTRIES, INC.
ON ITS SALE TO NASHVILLE WIRE PRODUCTS MFG. CO., INC.
CHICAGO – January 11, 2012 – Dresner Partners, a leading FINRA-registered, middle-market investment bank, recently advised AWP Industries, Inc. on its sale to Nashville Wire Products Mfg. Co., Inc. Terms of the transaction were not disclosed.
Headquartered in Frankfort, Ky., AWP Industries is one of the nation’s largest suppliers of wire mesh material handling storage products, including wire mesh decking for pallet racks. The company also offers one of the nation’s largest selections of collapsible and rigid wire mesh containers, solid steel corrugated bulk containers and returnable racks.
“I am extremely pleased with the outcome of the sale to Nashville Wire,” said Craig Chamberlin, President and CEO of AWP Industries. “I am very confident that AWP will continue to flourish as part of the Nashville Wire platform. The Dresner team, led by Omar Diaz and Paul Hoffman, did an outstanding job of providing guidance to AWP and ensuring an efficient transaction process.”
Since its inception in 1934, Nashville Wire has evolved into a leading designer and fabricator of welded wire products for customers worldwide. Nashville Wire’s primary products include OEM parts, wire mesh, retail displays, store fixtures, and wire products for the material handling industry.
Steven Rollins, President and CEO of Nashville Wire commented, “The AWP acquisition presented us with a perfect opportunity to grow the material handling segment of our business by absorbing a capable and well respected competitor.”
Omar Diaz, Managing Director at Dresner Partners said, “We thoroughly enjoyed working with AWP Industries and Nashville Wire on this transaction. The transaction represents an excellent outcome for both companies and we look forward to the future growth of the combined company.”
Steven Dresner, President at Dresner Partners added, “We at Dresner were pleased to have helped bring together two well-run and highly respected players in the material handling industry. Their complementary products and focus on customer service will help drive strong growth going forward.”
About Dresner Partners
Founded twenty years ago, Dresner Partners is a FINRA-registered, middle-market investment bank headquartered in Chicago, Illinois. Dresner provides financial advisory services to business owners and managers throughout the world, including institutional private placements of debt and equity, mergers and acquisitions, valuations and strategic consulting services. Dresner Partners is also a member of IMAP, an exclusive global organization of leading merger and acquisition advisory firms. Its affiliate company, Dresner Corporate Services, is a strategic communications firm specializing in public and investor relations. More information is available at www.dresnerpartners.com.
# # #
For Media Inquiries:
Stephen Mullin, Director of Marketing & Business Development, Dresner Partners, (312) 780-7213, firstname.lastname@example.org
For Transaction Related Inquiries:
Omar Diaz, Managing Director, (312) 780-7221, email@example.com
Paul Hoffman, Senior Vice President, (312) 780-7229, firstname.lastname@example.org