Morbark, LLC (Morbark) has announced that it has completed the acquisition of Rayco Manufacturing, Inc. (Rayco). This transaction represents the first addition since affiliates of the private equity firm Stellex Capital Management LP (Stellex) acquired Morbark in 2016. The purchase of Rayco represents a significant move towards the Company's strategic focus on broadening the range of tree care and industrial equipment, aftermarket parts, and service offered to their Customers.
Morbark, Inc.8507 S. Winn Rd., PO Box 1000
Morbark builds equipment that creates opportunities in the forestry, recycling, sawmill, bio-energy, and tree care markets. Morbark equipment helps customers process organic materials into valuable products.