BGL declares sale of Wallover Enterprises

Brown Gibbons Lang & Company (BGL) has recently declared the sale of Wallover Enterprises, Inc. (Wallover or the Company) to Houghton International Inc., a subsidiary of Gulf Oil International. BGL’s Industrials team served as the exclusive financial advisor to Wallover in the transaction.

Wallover provides advanced technical and applications expertise directly to small and mid-sized general industrial metalworkers, stainless steel cold rolling mills, and large multi-national OEMs and component manufacturers.  By leveraging its deep engineering capabilities, long legacy of market leadership, and industry expertise, the Company is able to rapidly develop customized solutions for its diverse base of customers. Customers rely on Wallover products to increase operational efficiency and extend the useful lives of capital equipment.

Eric Kielts, President and CEO of Wallover commented that “BGL’s senior team brought a keen understanding of the value proposition of our engineered solutions and the demanding industrial end markets we serve.  Their industry expertise served the shareholders well in positioning Wallover and finding the ideal partner for the Company.â€?

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