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J.F. Lehman To Acquire Defense And Mining Businesses Of Oldenburg Group

Cal Biesecker By
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J.F. Lehman To Acquire Defense And Mining Businesses Of Oldenburg Group
Oldenburg’s Lake Shore business provides dry-cargo transfer systems to the Navy. Photo: Oldenburg Group

The private equity firm J.F. Lehman & Company last week said it has agreed to acquire the Heavy Equipment Group of the equipment and architectural lighting company Oldenburg Group Incorporated, expanding its portfolio of companies in the defense and maritime markets.Terms of the deal were not disclosed.The Heavy Equipment Group will be renamed Lake Shore Systems, Inc., with operations in Wisconsin and Michigan. The company designs, engineers, manufactures and supports complex, heavy equipment systems such as large deck handling equipment,…

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