Oberfields, a concrete block manufacturer and a portfolio company of The Anderson Group, has acquired Wellnitz, a producer of concrete block and masonry products. This acquisition adds to Oberfields’ position as one of the leading producers of concrete masonry and landscape products in the Midwest.
Oberfield’s is a manufacturer of concrete block and other masonry and landscape products in Ohio and surrounding states. Oberfield’s is the dominant block manufacturer in northwestern and central Ohio. The company is based in Columbus, OH (www.oberfields.com).
Wellnitz is a Southeast Ohio based producer of concrete block and masonry products and is headquartered in Columbus, OH (www.wellnitz.com).
The Anderson Group is an operationally focused private equity firm investing its principal’s committed capital in companies at the lower end of the middle market. The firm is industry agnostic and makes control investments in companies with revenues from $10 to $100 million and EBITDA of $1 to $8 million. The firm is located in Bloomfield Hills, MI (www.andersongroup.biz).
© 2012 PEPD • Private Equity’s Leading News Magazine • 8-27-12