Walker Group Holdings LLC of New Lisbon Wisconsin, a portfolio company of Insight Equity, announced today that they have agreed in principal to purchase Brenner Tank LLC of Fond du Lac Wisconsin from Peterson Industries LLC.
Brenner is one of North America's leading manufacturers of Stainless Steel and Aluminum tank trailers for the transportation of food, chemical, environmental and petroleum products. In addition to its headquarters and main manufacturing plant in Fond du Lac Brenner maintains parts and repair facilities in Mauston WI, Houston TX, Memphis TN, Ashland KY, and Gonzalez LA.
Brandon Bethea, Vice President of Insight Equity, commented, "We are very pleased to add Brenner Tank to the Walker family. We are looking forward to working closely with Brenner Tank's exceptionally talented management team and workforce. Brenner's unparalleled reputation for quality in the stainless steel chemical and aluminum petroleum tank manufacturing industry is a perfect complement to Walker's existing strength in foodgrade tank trailer manufacturing. The combined company is now the unquestioned market leader in North American stainless steel tank trailer manufacturing.