Dresner Partners Advises Zenith Cutter Company on It's Sale to the Fisher-Barton Group
|Tuesday, June 28, 2011|
FOR IMMEDIATE RELEASE
DRESNER PARTNERS ADVISES ZENITH CUTTER COMPANY
CHICAGO – June 28, 2011 – Dresner Partners, a leading FINRA-registered, middle-market investment bank, recently advised Zenith Cutter Company in its sale to the Fisher-Barton Group. Terms of the transaction were not disclosed.
Zenith Cutter is a leading provider of industrial knives and accessories to the converting, plastics and recycling markets. With manufacturing and distribution facilities in Loves Park, Ill. and Ho Chi Minh City, Vietnam, Zenith provides products for processing equipment utilized in the converting, corrugated, plastics, recycling, textile, tire, tree care, roofing and wood industries. The company will operate as an independent division of the Fisher-Barton Group of companies,
“We appreciate Dresner’s assistance with this transaction. They ran a very professional and efficient transaction process,” stated John Mink, President and Chairman of the Board, Zenith Cutter Co.
Mr. Mink continued, “The Fisher-Barton Group of companies is world-class when it comes to their metallurgical expertise, and shares our passion and commitment to making customers successful by providing them with the highest quality products possible.”
Fisher-Barton Chief Executive Officer Richard Wilkey stated, “All companies within the Fisher-Barton Group are committed to addressing the customers’ needs in all possible ways. We are confident that the synergies gained through the addition of Zenith Cutter will prove to be very beneficial to the domestic and international markets that we service.”
About Dresner Partners
Dresner Partners is a FINRA-registered, middle-market investment bank headquartered in Chicago, Illinois. Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers throughout the world, including institutional private placements of debt and equity, merger and acquisitions, valuations and strategic consulting services. Dresner Partners is also a member of IMAP, an exclusive global organization of leading merger and acquisition advisory firms. Its affiliate company, Dresner Corporate Services, is a strategic communications firm specializing in public and investor relations. More information is available at www.dresnerpartners.com.
Founded in 1973, Fisher-Barton is the largest OEM supplier of lawn-mower blades and agricultural knives in the world. Prior to the Zenith Cutter Co. acquisition, the Fisher-Barton Group consisted of six business units located throughout the United States: Fisher-Barton Blades, Inc., Fisher-Barton Specialty Products, Inc., Fisher-Barton South Carolina, Inc., Thermal Spray Technologies, Inc., Accurate Specialties, Inc., and Lineage Alloys, Inc. www.fisher-barton.com
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