PE-Backed Stant Corp. Buys Shelby Enterprises

Stant Corp., a manufacturing company backed by private equity firm H.I.G. Capital, has acquired Romeo, Mich.-based Shelby Enterprises. Financial terms of the deal were not released. Shelby Enterprises is a supplier of filler pipe, vapor line and other products for the automotive industry. Connersville, Indiana-based Stant Corp. manufactures vapor and fluid control components.

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