Minimizer LLC and Capital Partners have acquired the Premier Manufacturing Company, which makes tractor trailer components for the trucking industry. Its product line includes couplings/pintle hitches, drawbar eyes/lunette eyes, hinge assemblies, front end assemblies, and more.
Premier Manufacturing’s products will continue to be sold under the Premier brand, and the company will remain in Tualatin, OR. Its sales, operations and management will work with Minimizer on an overall strategy for the growth and expansion of both company’s products, according to a Jan. 21 announcement from Minimizer.
Additionally, Premier CEO Paul Grycko will remain invested in the company as a member of the management board, while also performing the role of president during the transition.
Minimizer of Blooming Prairie, MN, manufactures fenders, light kits, mud flaps, tool boxes, and more for the heavy-duty truck market.
Capital Partners is a private equity firm based in Connecticut.