P&M Corporate Finance, LLC Announces the Sale of Olmsted Products Co. to The Oilgear Company
8/7/2008
P&M Corporate Finance, LLC (PMCF) is pleased to announce the sale of Olmsted Products Co. (Olmsted) to The Oilgear Company (Oilgear), a portfolio holding of Milwaukee-based private equity group Mason Wells. Based in Traverse City, Michigan, Olmsted is a leading niche designer, manufacturer, tester and installer of specialty high-flow, high-pressure hydraulic components and control systems primarily to the offshore oil and gas industry. It has supplied valve components and complete control systems to a global customer base since 1962.
Read more about the transaction.