Lincoln Partners Advises Stocker Hinge Mfg. Co. in its Sale to E.R. Wagner Mfg. Co.
Brookfield, IL - E.R. Wagner Manufacturing Company, Inc. (E.R. Wagner) completed acquisition of the assets of Stocker Hinge Mfg. Co. (Stocker Hinge). Lincoln Partners initiated this transaction, assisted in the negotiations and served as the exclusive financial advisor to Stocker Hinge.
Stocker Hinge is recognized to be the premier industrial hinge manufacturer in North America; it is also one of the three major automotive hinge suppliers. The assets purchased will permit E.R. Wagner's Hinges and Stampings Division to provide customers the broadest offering of hinge products and services in North America. Customers will benefit from a more comprehensive value package consisting of high quality products, short lead times, strong design and technical support, quick response to customer needs, and value pricing.
Stocker Hinge will operate as a separate business unit of the Hinges and Stampings Division. Bill Hayes, Vice President and General Manager of the Division, will assume responsibility for this new business unit.
About E.R. Wagner Manufacturing Company
E.R. Wagner is a Milwaukee, WI based manufacturer of a wide variety of quality custom hinges, engineered stampings, casters, wheels and tubular products.
About Lincoln Partners
Lincoln Partners is the second largest investment bank headquartered in Chicago, specializing in middle-market mergers and acquisitions, private capital raising and financial recovery for global clients. The firm's fundamental commitment is to complete assignments on the best terms for clients by committing hands-on attention, ingenuity and significant expertise to every transaction.