WESTSIDE EQUIPMENT HAS BEEN ACQUIRED BY OXBO INTERNATIONAL
Prestwick is pleased to announce the sale of Westside to Oxbo. Prestwick acted as the exclusive financial advisor to Westside and its private equity sponsors, Hanover Partners and Greyrock Capital Group. The terms of the transaction were not disclosed.
Westside (www.westsideequipment.com) is a Madera, California-based specialty agricultural harvesting platform that designs, manufactures, and markets equipment, technologies, and aftermarket parts & service for the fragmented specialty and permanent crop markets. Founded in 1986, Westside maintains a dominant market position in processed tomato harvesting and a growing presence in other high-demand specialty crops, including pistachios and grapes.
Oxbo (www.oxbo.com), headquartered in Roosendaal, the Netherlands, is a global specialty agricultural equipment manufacturer. Oxbo has over 1,300 employees and operates 10 manufacturing facilities and 17 sales and service locations worldwide.