Mac Chain Company Limited and Mac Chain Company Limited (U.S.)
Renold plc has acquired Mac Chain Company Limited and Mac Chain Company Limited (U.S.)
Engagement Type:
Industry:
Renold plc has acquired Mac Chain Company Limited and Mac Chain Company Limited (U.S.). MNP Corporate Finance Inc. acted as exclusive financial advisor to Mac Chain Company Limited and Mac Chain Company Limited (U.S.) in structuring and negotiating this transaction.
Transaction Brief
Mac Chain Company Limited and Mac Chain Company Limited (U.S.), collectively referred to as "Mac Chain", is a leading manufacturer of high-performance welded steel chains and engineering class chains including specialty conveyor chains and attachments, as well as sprockets. Mac Chain has operating locations in British Columbia, Quebec, and Washington, and utilizes its in-house manufacturing capabilities to deliver customized chain solutions to customers in various industry sectors including forestry, agriculture, bioenergy, road maintenance, recycling, and wastewater treatment.
Founded in 1864 and based in the United Kingdom, Renold plc is a leading manufacturer of industrial chains and related power transmission products, with operations globally.
This transaction allowed the shareholders of Mac Chain to implement their succession strategy while ensuring the continued growth and success of the business.