Worthington Industries, Inc.'s Structural Composites Industries Business
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Worthington Industries, Inc.'s Structural Composites Industries Business - overview
Location
Pomona, CA, US
Primary Industry
Industrial Machinery
About
Based in California, US, Worthington Industries, Inc. 's Structural Composites Industries Business specialized in composite pressure cylinders, including those used in self-contained breathing apparatus (SCBA) for emergency responders. In March 2021, Luxfer Holdings PLC, a portfolio company of Oaktree Capital Management, acquired Worthington Industries, Inc. 's Structural Composites Industries Business for USD 20 million in cash.
The company manufactures and supplies composite cylinders for commercial, military, and aerospace applications which include thermaguard, CNG Type 3 and carbon composite cylinder, hydrogen fuel tanks, mission-critical composite, self-contained breathing apparatus (SCBA), and cascade cylinder.
Current Investors
Luxfer Holdings PLC
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Worthington Industries, Inc.'s Structural Composites Industries Business - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Worthington Industries, Inc.'s Structural Composites Industries Business | - |
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