Illinois Company Acquires MPL Holdings
FAIRLAND - Wynnchurch Capital in Illinois has acquired Fairland-based MPL Holdings. Terms of the deal were not disclosed.
The Shelby County company specializes in cultured marble products for the hospitality and multi-family housing markets.
“MPL’s success is driven by our commitment to providing customers with market leading service and quality; we are excited to partner with Wynnchurch in furthering these efforts,” said Bob Claxton, chief executive officer of MPL. “Wynnchurch understands what has propelled us to the position we are in today and has the resources to fuel the Company’s aspirations for continued growth.”
Earlier this month, Wynnchurch expanded its reach by acquiring two Jay County closed-die forging facilities of Allegheny Technologies.