- people on the move
Manufacturing group acquires company
A locally based collective of “intelligent” machine manufacturers has acquired another company.
Ada-based Burke Porter Group said this week it acquired Sturtevant, Wisconsin-based Titan, a company that designs and makes test stands and production assembly systems.
Terms of the deal were not disclosed.
The acquisition will help Burke Porter expand its hydraulic testing and assembly equipment offerings globally.
Burke Porter did not disclose the name of the M&A firm that represented it during the transaction.
Milwaukee-based Promontory Point Capital represented the sellers.
As a member of the Burke Porter Group, Titan will continue at its current location with no changes in day-to-day operations other than hiring more employees, said Betsy Grant, global marketing communications manager, Burke Porter.
“It’s a central location for our operations between Milwaukee and Chicago,” Grant said.
Founded in 1953, Burke Porter Group serves the global automotive, advanced manufacturing and life science markets, maintaining more than 30 locations in Europe, Asia and the Americas.
In addition to Titan, its family of companies includes Kleinknecht, LISMAR, Universal Balancing, CIMAT, Epic Equipment & Engineering, XL Machine Co., Korvis, Primatics and the Burke E. Porter Machinery Co.
Established in 1966, Titan has evolved from a tool-and-die business to consistently developing custom-engineered test solutions for hydraulic, vehicle and powertrain applications.
Titan’s solutions are used by off-highway OEMs and their tier one suppliers within the agriculture, construction, hydraulic components and forestry markets.