MILWAUKEE, Wis. – Douglas Dynamics, Inc. announced it has entered into a definitive agreement to acquire Henderson, subject to working capital, cash and other adjustments. The transaction is also subject to customary regulatory approvals and closing conditions and is expected to close before the end of the calendar year.
Headquartered in Manchester, Iowa, Henderson is a leading North American manufacturer of customized, turnkey snow and ice control solutions for heavy-duty trucks focused on state Departments of Transportation (DOT), counties and municipalities, including ice control equipment, snow plows, dump bodies, muni-bodies and replacement parts.
Henderson includes a 170,000-square-foot manufacturing facility where most of its 350-plus employees are based. The company also maintains five truck equipment upfit facilities located in New York, Iowa, Ohio, New Jersey and Illinois, which provide turnkey assembly and delivery of heavy duty trucks to state DOTs, counties and municipalities.
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