STOUGHTON, Wis. — Nelson Global Products Inc., manufacturer of tubular and exhaust products for commercial vehicle markets, has acquired Morton Industries LLC and Bradley Services Inc. (BSI), both of Morton, Ill. Terms of the deal were not disclosed.
Founded in 1946, Morton Industries provides precision machining of complex components, tubular fabrication, sub-assembly and assembly, design and build of tooling and fixturing, for leading global manufacturers such as Caterpillar and John Deere & Co.
Morton Industries and BSI will continue to operate under the leadership of Chris Ober, their current president, and his experienced management team. The more than 700 employees of Morton and BSI also will maintain their positions with the companies.
Nelson Global Products, and its affiliated companies, are a portfolio company of Wind Point Partners, a private equity firm headquartered in Chicago. The company has manufacturing operations in Stoughton, Arcadia; Black River Falls and Viroqua, Wis.; Scoresby, Australia; and Pune, India.
"This acquisition is a very exciting opportunity for us," said Tom Gosnell, CEO of Nelson. "It is central to our growth strategy and provides a significant opportunity for us to expand our service, our product offerings, our capacity and our global reach to meet the expectations of our growing number of customers.”
A 35-year veteran leader in the commercial vehicle industry who most recently served as a senior executive with Rockwell Automotive and ArvinMeritor, Gosnell has assembled a strong management team.
"Nelson Global Products — with Morton Industries and BSI — is even stronger, more engineering capable and with greater global reach to supply the commercial vehicle market segments," said Ober. "We’ll now be faster to provide our broad customer base of on- and off-highway vehicle OEMs with the right products at the right time."
