CapitalWorks LLC has acquired the Engine Control Systems (ECS) business from The Lubrizol Corp. Engine Control Systems’ has three North American locations in Newmarket, Ontario
(headquarters), London, Ontario, and Reno Nevada, which will operate after the sale under the name Engine Control Systems (www.enginecontrolsystems.com).
“We are excited by the transaction and believe that ECS, as an independent entrepreneurial company, has the opportunity to become stronger, more focused and more responsive to its target markets and customers,” said Ed Richards, president of ECS.
In 2005, ECS enjoyed record revenues as a leading supplier of emissions control products to regulated and unregulated markets in the North America, the European Union and developing countries.
CapitalWorks LLC is a Cleveland, Ohio-based private equity firm focusing on management buyouts and growth equity investments.
0 Comments