An affiliate of One Rock Capital Partners (One Rock), has completed the previously announced acquisition of the Engineered Components & Systems (EC&S) segment from Enerpac Tool Group, previously known as Actuant Corporation.
EC&S will now be known as CentroMotion, and will continue to be led by Roger Roundhouse, who has been named CEO.
Headquartered in Menomonee Falls, Wisconsin, CentroMotion is a global company serving the agriculture, specialty and commercial vehicle, construction and other industrial end-markets with motion, actuation and control solutions. CentroMotion primarily serves on- and off-highway OEMs with highly engineered system-critical components under brands that include CrossControl, Elliott, Gits, maximatecc, Power-Packer and Weasler Engineering. The Company has 13 manufacturing facilities and six engineering centres, with approximately 190 engineers in multiple geographies.
“This is an exciting day for CentroMotion and its talented employees as we continue to meet the needs of our customers as an independent business,” says Roundhouse. “In rebranding, we sought to adopt an identity that serves as an umbrella for our iconic brands and communicates the value we bring to our partners. Together with One Rock, our goal is to reinforce the truly global nature of our business and enable the ongoing success of our diverse, top-tier customer-base.”
Tony W Lee, Managing Partner of One Rock, says: “CentroMotion serves a leading base of on- and off-highway OEM customers worldwide, and we look forward to bringing more products and more value to those customers as we scale CentroMotion’s family of leading brands.”
One Rock Managing Partner R Scott Spielvogel, adds: “One Rock and our Operating Partners are excited to be collaborating with Roger and his accomplished team to support and accelerate the development of CentroMotion as an independent business.”