Cummins sells exhaust business to Global Tube

  • 01-Feb-2011 03:11 EST

Cummins Inc. has entered into an agreement to sell its exhaust business to Global Tube, a portfolio company of Wind Point Partners, a Chicago-headquartered private equity firm. The sale to Global Tube affects Cummins’ acoustic exhaust operations in Stoughton, Arcadia, Black River Falls, and Viroqua, all in Wisconsin, as well as in Scoresby, Australia, and Daman, India. Terms of the deal were not disclosed. The exhaust operations are part of the Cummins Emission Solutions (CES) business, which provides a range of aftertreatment solutions and technologies to control emissions in diesel engines. The sale will allow CES to place greater emphasis and resources on manufacturing products that are a critical part of its growth strategy—in particular, opportunities in the development and deployment of aftertreatment technology for commercial vehicles. The exhaust business, which manufactures products such as bent tubes and small mufflers, is expected to transfer to Global Tube by the end of March. Cummins will continue operating the business during the transition period.

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