Nelson Global Products Inc., a tubular and exhaust products manufacturer for commercial vehicle markets, has acquired Morton Industries LLC and Bradley Services Inc. (BSI), both of Morton, Ill., effective immediately.
Morton Industries and BSI will continue to operate under the leadership of Chris Ober, their current president, and management team.
Nelson Global Products, and its affiliated companies, are a portfolio company of Wind Point Partners, a private equity firm headquartered in Chicago. Terms of the acquisition were not disclosed.
“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.
“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,” says Ober.
The over 700 employees of Morton and BSI will maintain their positions with the respective companies.