Safe Fleet Acquires Randall Manufacturing
The Randall Folding Walkramp
The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet — a leading supplier of safety components for fleet vehicles — has completed the acquisition of Randall Manufacturing, marking the eighth acquisition during Sterling’s ownership.
Based in suburban Chicago, Illinois, Randall is a leading manufacturer of specialized safety products used mainly in refrigerated semi-trailers in connection with the transportation of food and beverages.
For its part, Safe Fleet provides a wide variety of safety-and productivity-oriented components to bus, rail, RV, truck and trailer, work truck, emergency, waste, industrial and military end markets.
Safe Fleet has more than doubled in size during its partnership with Sterling . It is focused on multiple transportation markets including: Bus, Rail and RV, Truck and Trailer, Work Truck, Emergency, Waste, and Industrial and Military.
With over 1,100 employees and 10 manufacturing locations, Safe Fleet targets markets with increasing demand for operator, passenger, and pedestrian safety. More at: www.safefleet.net.
Category: General Update
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