M&A Deal Summary

Dmi Technology Acquires Electrocraft Engineered Solutions

On March 1, 2006, Dmi Technology acquired engineering company Electrocraft Engineered Solutions

Acquisition Highlights
  • This is Dmi Technology’s 1st transaction in the Engineering sector.
  • This is Dmi Technology’s 3rd transaction in the United States.
  • This is Dmi Technology’s 1st transaction in Ohio.

M&A Deal Summary

Date 2006-03-01
Target Electrocraft Engineered Solutions
Sector Engineering
Buyer(s) Dmi Technology
Deal Type Add-on Acquisition

Target

Electrocraft Engineered Solutions

Gallipolis, Ohio, United States
Electrocraft Engineered Solutions is a manufacturer of sub-fractional horsepower premium AC, DC servo, and brushless DC motors, gear motors, and transaxles for Original Equipment Manufacturers in a variety of commercial industries, including Medical Mobility, General Mobility, Floor Care, and Air/Fluid Movement, and office automation. Electrocraft Engineered Solutions is based in Gallipolis, Ohio.

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Buyer(S) 1

Buyer

Dmi Technology

Dover, New Hampshire, United States

website


Category Company
Founded 1942
Sector Engineering
DESCRIPTION

Dmi Technology Corp. provides engineered solutions for motor and motion control solutions in market niches. The company manufactures a wide product line of both custom and commodity motion control products that span the technological spectrum from appliance components to the medical instrument industry. Dmi Technology was founded in 1942 and is based in Dover, New Hampshire.


DEAL STATS #
Overall 3 of 4
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Ohio) 1 of 1
Country (United States) 3 of 4
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 ElectroCraft

Stratham, New Hampshire, United States

ElectroCraft is a manufacturer of sub-fractional horsepower premium AC, DC servo, and brushless DC motors, gear motors, and transaxles for Original Equipment Manufacturers in a variety of commercial industries, including Medical Mobility, General Mobility, Floor Care, and Air/Fluid Movement, and office automation. ElectroCraft was founded in 1960 and is based in Stratham, New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-01 Automotion

Oak Lawn, Illinois, United States

The company is a manufacturer of brushless AC and DC motion control technology, specializing in embedded industrial OEM servo applications.

Buy -