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ATC Venture Group to acquire K-W Mfg.

ATC Venture Group Inc. (ATC), Minnetonka, Minn., has announced an agreement with K-W Mfg. Co. to purchase from K-W certain assets, including equipment, contracts, and good-will in consideration, as well as a royalty agreement of 5 percent of sales of the K-W product line for each of the next five years.

K-W Mfg. is a South Dakota-based manufacturer of patented snowplows, dozer blades, rock pickers, and other attachments for the skid steer loader market.