CHICAGO, Sept 18 (Reuters) - Harbour Group, a privately held investment company, plans to sell Lincoln Industrial Corp, and hopes to attract interest from Ingersoll-Rand, Parker Hannifin and Idex Corp, according to a report on Bloomberg's website.
Lincoln, which makes lubrication pumps, may fetch as much as $1 billion, Bloomberg said in a report dated Friday. Bloomberg attributed the information to 'people with knowledge of the matter.'
A spokesman for St. Louis-based Harbour Group was not immediately available to comment on Saturday.
Harbour Group, founded in 1976, specializes in companies that perform manufacturing, distribution and specialty services.
Harbour Group has acquired 165 companies in 34 different industries, the company said on its website.
(Reporting by Kyle Peterson; Editing by Xavier Briand) Keywords: HARBOURGROUP/ (kyle.peterson@thomsonreuters.com ; +1 312 408 8581; Reuters Messaging: kyle.peterson.reuters.com@reuters.net ) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Lincoln, which makes lubrication pumps, may fetch as much as $1 billion, Bloomberg said in a report dated Friday. Bloomberg attributed the information to 'people with knowledge of the matter.'
A spokesman for St. Louis-based Harbour Group was not immediately available to comment on Saturday.
Harbour Group, founded in 1976, specializes in companies that perform manufacturing, distribution and specialty services.
Harbour Group has acquired 165 companies in 34 different industries, the company said on its website.
(Reporting by Kyle Peterson; Editing by Xavier Briand) Keywords: HARBOURGROUP/ (kyle.peterson@thomsonreuters.com ; +1 312 408 8581; Reuters Messaging: kyle.peterson.reuters.com@reuters.net ) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.