STOUGHTON, Wis. – Nelson Global Products Inc., a designer and manufacturer of tubular and exhaust products for commercial vehicle markets, has acquired Envall, a family owned tube and hose assemblies manufacturer in Rio Grande do Sul, Brazil.
Envall, maker of hydraulic and structural tubes, and low-to-high pressure hydraulic hoses, will continue to operate its 90,000 square foot manufacturing plant under the leadership of Irenivo Pereira, formerly a co-owner of the 20-year-old operation and newly-appointed general manager. A strong management team and experienced production technicians also contribute to the operation’s success, according to Nelson.
"This acquisition of Envall broadens Nelson’s global footprint and product portfolio, expanding beyond our previous manufacturing and marketing reach into North America, Australia, India and China," said Sergio Carvalho, president of Nelson’s on-highway business unit. "Our strategic plan remains focused on expanding our product portfolio for our customers, plus we will enable the Envall operation to diversify into other market segments beyond off-highway and agricultural vehicles."
"The strength of Nelson, the product portfolio and customer relationships will make Envall a stronger and more prosperous company for the markets it serves, as well as its employees," added Envall’s Pereira.
"Nelson is a richer and deeper manufacturing player with the addition of Envall," said Tom Gosnell, CEO of Nelson. "This transaction is in response to customer requests that we extend our presence into the Brazil and broader South American markets. We are very enthusiastic about this first step here."
Nelson Global Products is a portfolio company of Wind Point Partners, a private equity firm headquartered in Chicago. Terms of the acquisition were not disclosed.
Two months ago, Nelson acquired Water Works Manufacturing in Cambridge, Minn. That expansion also enabled Nelson to grow its capabilities into advanced metal forming for the power sports and infrastructure related industries.
