Nelson Global Products Acquires Brazilian Manufacturer -- Expands Product Portfolio and Global Market Reach
STOUGHTON, Wis., May 1, 2013 /PRNewswire/ -- Nelson Global Products Inc., a global leader in the design and manufacture 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.
"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," added Carvalho.
"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," stated 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, MN. That expansion also enabled Nelson to grow its capabilities into advanced metal forming for the power sports and infrastructure related industries.
About Nelson Global Products
With more than 60 years of engineering and manufacturing history, Nelson Global Products manufactures and markets a broad range of high performance exhaust and tubular products for OEM and aftermarket use for the global on-highway and off-highway markets. The company's operation includes manufacturing operations in Clinton, TN; Fort Wayne, IN; Peoria, IL; Arcadia-Black River Falls-and Viroqua, WI; and international operations in Scoresby, Australia; Pune, India; and Changzhou, China.
Among Nelson's product portfolio are mufflers and silencers; exhaust tube assemblies; EGR and thermal management tubing for emissions systems; pressurized tube assemblies for air-hydraulic-and lubrication; and structural assemblies.
SOURCE Nelson Global Products Inc.
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