Esmark Buys Excalibur Assets

Marino, Jonathan
January 2010
Mergers & Acquisitions Report;1/4/2010, Vol. 23 Issue 1, p5
The article reports on the purchase of the assets of Excalibur Machine Co. by Esmark Industrial Group. The transaction is made in cash with a total value of 3.5 million U.S. dollars. Esmark's chief executive officer (CEO) Thomas Modrowski revealed that the deal is part of its plans to expand in the Midwest. He also notes the plan of the company to continue its buying activity during the year.


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