Acquisition of Four Winns & Wellcraft Final
Northern Michigan's News Leader has learned the acquisition of Four Winns and Wellcraft by the Platinum Equity Group was finalized at 9:00am today. Back in December, the President of Four Winns said if Platinum Equity won the bid to act as a new parent company, it planned to keep the manufacturer in Cadillac and possibly expand it's production line. Four Winns still believes that is what will happen. Four Winns says it is excited about the backing of Platinum Equity. Platinum says a smooth transition is a top priority.