M&A Deal Summary

Allison Acquires C&R Tool and Engineering

On September 9, 2019, Allison acquired manufacturer C&R Tool and Engineering

Acquisition Highlights
  • This is Allison’s 2nd transaction in the Manufacturing sector.
  • This is Allison’s 4th transaction in the United States.
  • This is Allison’s 1st transaction in Alabama.

M&A Deal Summary
Date 2019-09-09
Target C&R Tool and Engineering
Sector Manufacturing
Buyer(s) Allison
Deal Type Add-on Acquisition
Advisor(s) Angle Advisors LLC (Financial)

Target

C&R Tool and Engineering

Muscle Shoals, Alabama, United States
website
C&R Tool is a North American designer and manufacturer of complex high-pressure die cast molds serving OEMs and Tier I suppliers. Specializing in large, complex multi-slide large cavity part designs, C&R Tool engineers, builds and tests integrated tooling systems primary for automotive and heavy truck powertrain component applications. C&R Tool and Engineering, Inc. was founded in 1956 and is based in Muscle Shoals, Alabama.

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Buyer(S) 1

Buyer

Allison

Indianapolis, Indiana, United States

website

Category Company
Founded 1915
Sector Automotive
Employees3,500
Revenue 2.8B USD (2022)
DESCRIPTION
Entrance to Allison Transmission's corporate headquarters in Indianapolis, Indiana.
Entrance to Allison Transmission's corporate headquarters in Indianapolis, Indiana.

Allison is a designer and manufacturer of automatic transmissions for the medium and heavy-duty commercial vehicle markets. Allison was incorporated in 1915 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 5 of 6
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 4 of 4
State (Alabama) 1 of 1
Country (United States) 4 of 4
Year (2019) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-09 Walker Die Casting

Lewisburg, Tennessee, United States

Walker is a Tier I/II designer and manufacturer of cast aluminum products to the automotive, heavy truck, agriculture, construction, marine, and medical industries. Walker’s portfolio of large, complex castings, weighing up to 75 pounds, includes transmission cases, bell housings, accessory brackets, transaxle housings, fly wheel covers, and camshaft housings. Totaling over 750,000 of square feet, Walker’s modern manufacturing operations are outfitted with the latest high pressure die casting machines, ranging in size from 1,000 to 4,500 tons, and a fleet of vertical and horizontal CNC machining centers. Walker Die Casting, Inc. was founded in 1958 and is based in Lewisburg, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 Avtec - Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

India

Avtec's Off-Highway Transmission Portfolio and Off-Highway Component Machining Business is a provider of precision-engineered products.

Buy $27M
Mergr

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