Equity firm, managers buy piston rings maker Hastings

Jun 13, 2013 | 01:31 PM | Corinna Petry

Tags  Hastings Manufacturing, piston rings, engines, RFE Investment Partners, Bob Kollar, Jim Parsons, Corinna Petry

CHICAGO — Piston rings producer Hastings Manufacturing Co. has been purchased by RFE Investment Partners together with Hastings’ management.

"We are very excited to partner with RFE Investment Partners and continue to grow the business," Hastings president and chief executive officer Bob Kollar said. "RFE has a strong track record of acquiring businesses and successfully taking them through their next....

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