Angelo, Gordon & Co. has acquired the headquarters and manufacturing facilities of manufacturer RathGibson in a sale-leaseback transaction totaling $9.4 million.

The facilities, located in Janesville, Wis., comprise 277,270 square feet.

RathGibson, which manufactures engineered stainless steel, nickel and titanium tubing for oil & gas, pharmaceutical, and food and beverage markets, will use the sale proceeds to pay down debt and expand its facilities.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We're here to help. Free 90-day trial for new subscribers.Click Here ×