Rayco acquired by Morbark

Morbark has expanded its range of tree care and industrial equipment following the acquisition of Rayco Manufacturing. The acquisition is the first addition to the company, since Morbark was purchased by affiliates of the private equity firm Stellex Capital Management LP in 2016. Rayco’s stump cutters, aerial trimmers, forestry mulchers and crawler trucks will expand … Continue reading Rayco acquired by Morbark