Stout served as the exclusive sell-side financial advisor to Titan International, Inc. (NYSE: TWI) in connection with the divestiture of its subsidiary, Titan Australia Pty Ltd. (“Titan Australia”), to Western-Australia-based OTR Tyres (“OTR”).

Headquartered in Perth, Western Australia, Titan Australia is a leading manufacturer, distributor, and service provider of off-the-road wheels and tires. With eight locations spanning coast-to-coast and around 135 employees, Titan Australia offers a full suite of wheels, tires, axles and components, and related value-added services and solutions to a diverse array of OEMs and aftermarket customers across mining, agriculture, construction, and consumer end markets.

View the full news release.