Generational Group Advises Banks Machine & Engineering Inc. dba Capital Industries in its Sale to Angeles Equity Partners a Portfolio Company of Acieta [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
pleased to announce the sale of its client, Banks Machine & Engineering Inc. dba Capital Industries to Acieta, a portfolio company of funds managed by Angeles Equity Partners. The acquisition closed July 24, 2024. Located in Shelbyville, Indiana, Capital Industries is a leading designer and manufacturer of custom robotic and automation systems, including material handling and feeding systems for OEMs across various industries. In addition to automation solutions, the company also provides high-quality maintenance and repair products, particularly for concrete and asphalt. These products are designed to enhance the longevity and safety of infrastructure. Capital Industries is committed to innovation, offering effective and user-friendly solutions to clients in industries such as transportation, manufacturing, and property management. Angeles Equity Partners is a Los Angeles-based private investment firm specializing in partnering with niche manufacturing, critical industrial servic
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