Douglas Dynamics acquires the assets of Venco Venturo Industries

Douglas Dynamics (PLOW) has completed the acquisition of substantially all the assets of Venco Venturo Industries, a provider of truck-mounted service cranes and dump hoists. Founded in 1952, Venco Venturo Industries has been privately-owned and operated by the Collins family for more than 70 years. The firm provides a full line of electric light-duty cranes, electric-hydraulic cranes, hydraulic cranes, and conversion/dump hoists for work trucks. Located in Sharonville, a suburb of Cincinnati, Ohio, Venco Venturo Industries LLC employs 70 people in two facilities serving customers across the United States. The acquisition of the Venco Venturo Industries assets is expected to be modestly accretive to EPS and free cash flow positive before synergies in 2026. Venco Venturo Industries will operate as a division of the Work Truck Attachments segment reporting to Chris Bernauer, President, Work Truck Attachments. Terms of the deal were not disclosed.