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Cleaning Technologies Group Acquired, Now an LLC

Cleaning Technologies Group Acquired, Now an LLC

Tuesday, November 21, 2006
 
NM Group Global, LLC, Tiffin, OH, and Alpha Capital Partners, Ltd., Chicago, IL, have acquired a majority interest in Cleaning Technologies Group (CTG), LLC, Cincinnati, OH, a manufacturer of parts-cleaning and waste-minimization equipment and services. The transaction includes the two operating divisions of CTG, Ransohoff of Cincinnati and Backstone-Ney Ultrasonics of Jamestown, NY. As a result, CTG adopted an LLC strcutre. NM Group Global (www.nationalmachinery.com) is a manufacturer of cold-formed parts and fasteners, with service centers and sales offices throughout the world. CTG is online at www.ransohoff.com.

 

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