M&A Deal Summary

Corning Acquires Optimum Manufacturing

On August 4, 2008, Corning acquired machinery company Optimum Manufacturing

Acquisition Highlights
  • This is Corning’s 1st transaction in the Machinery sector.
  • This is Corning’s 5th transaction in the United States.
  • This is Corning’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2008-08-04
Target Optimum Manufacturing
Sector Machinery
Buyer(s) Corning
Deal Type Add-on Acquisition

Target

Optimum Manufacturing

Charlestown, New Hampshire, United States
website
Optimum Manufacturing Corp., is a manufacturer of precision machined components serving the aerospace and defense, scientific, medical and communications industries.

Search 193,724 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Corning

Corning, New York, United States

website

Category Company
Founded 1851
Sector Manufacturing
Employees57,500
Revenue 14.2B USD (2022)
DESCRIPTION

Corning is engaged in the manufacture of specialty glass and ceramics. The Company creates and makes keystone components that enable systems for consumer electronics, mobile emissions control, optical communications and life sciences. Corning was incorporated in 1851 and is based in Corning, New York.

DEAL STATS #
Overall 5 of 17
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 5 of 14
State (New Hampshire) 1 of 1
Country (United States) 5 of 13
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-23 Steuben Glass

New York, New York, United States

Steuben is a manufacturer of handmade art glass and crystal, featuring blown, cut, and etched designs, and animal sculptures.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-16 Axygen BioScience

Union City, California, United States

Axygen Inc is a manufacturer and distributor of high quality life sciences plastic consumables, liquid handling products and bench-top laboratory equipment.

Buy $400M
Mergr

Product

Company

Legal