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Koontz-Wagner completes sale of South Bend Controls

South Bend Controls is a leading designer and manufacturer of highly engineered, solenoid-based components used in critical applications serving the aerospace and defence, industrial and medical markets. The business will operate within Curtiss-Wright’s Motion Control segment.

"The acquisition of South Bend Controls by Curtiss-Wright validates the company’s unique strength in highly engineered valves and regulators and brings together two companies with outstanding histories in the aerospace industry," says Michael F Pound, CEO of Koontz-Wagner Holdings. “I want to thank Peter Hutchings, the General Manger of South Bend Controls, and his excellent team for their many years of service to Koontz-Wagner.”

Koontz-Wagner Holdings (www.koontz-wagner.com), acquired by High Street Capital in 2008, provides electrical control systems for power generation, infrastructure and oil/gas distribution, maintains and services electric motors, offers full-service electrical contracting and manufactures components for aerospace, medical and defence customers. Koontz-Wagner was advised by Colonnade Securities LLC in connection with this transaction.

 

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