Wenger Buys J.R. Clancy

Owatonna, Minn.-based Wenger Corp. has acquired Syracuse, N.Y- based J.R. Clancy Inc., a designer, manufacturer and installer of stage rigging equipment for colleges, television studios, cruise ships theatrical venues. Terms of the deal were not released. Wenger is a maker of specialized equipment for music education and theatre. M&T Investment Banking Group, a division of M&T Bank, advised J.R. Clancy on the deal.

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