Case Study
Rehrig International & United Steel and Wire
Rehrig International & United Steel and Wire Division: Phoenix Management Services Client Rehrig International was the world’s largest manufacturer of plastic shopping carts and material handling equipment for retailers. United Steel & Wire Company was a family-owned manufacturer of plastic and wire shopping carts and wire store shelving and displays headquartered in Battle Creek, MI with three manufacturing facilities. Problem Woodside Capital Management (“Woodside” ?) was considering a Transaction to acquire Rehrig International, Inc. (“Rehrig” ?) and United Steel & Wire Company (“United” ?) (collectively the “Companies” ?). The premise of the transaction was that while both organizations had endured operating challenges and lackluster profitability, the potential synergies between the t