Cortec Completes Cortland Cos. Sale
Cortec Group has completed its sale of Cortland Cos. to Actuant Corp. (NYSE: ATU) for approximately $230 million. Cortland is a Cortland, N.Y.-based maker of electro-mechanical cables and umbilicals, synthetic ropes and steel cable and assemblies. Harris Williams advised Cortland on the deal, while Morgan Stanley advised Actuant.
17 October 2008•3 mins read
