M&A Deal Summary

Acme United Acquires Diamond Machining Technology

On February 1, 2016, Acme United acquired consumer products company Diamond Machining Technology from Vogel Capital for 7M USD

Acquisition Highlights
  • This is Acme United’s 1st transaction in the Consumer Products sector.
  • This is Acme United’s 3rd largest (disclosed) transaction.
  • This is Acme United’s 3rd transaction in the United States.
  • This is Acme United’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-02-01
Target Diamond Machining Technology
Sector Consumer Products
Buyer(s) Acme United
Sellers(s) Vogel Capital
Deal Type Divestiture
Deal Value 7M USD

Target

Diamond Machining Technology

Marlborough, Massachusetts, United States
website
Diamond Machining Technology, Inc. is a provider of sharpening tools for knives, scissors, chisels, and other cutting tools.

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Buyer(S) 1

Buyer

Acme United

Shelton, Connecticut, United States

website

Category Company
Founded 1867
Sector Consumer Products
Employees619
Revenue 194M USD (2022)
DESCRIPTION

Acme United is a worldwide supplier of innovative cutting, measuring and safety products to the school, home, office, hardware and industrial markets. Its leading brands include Westcott, Clauss, Camillus, PhysiciansCare and Pac-Kit. Acme United was incorporated in 1867 and is headquartered in Shelton, Connecticut.

DEAL STATS #
Overall 3 of 8
Sector (Consumer Products) 1 of 2
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 3 of 6
Year (2016) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-02 First Aid Only

Vancouver, Washington, United States

First Aid Only is a supplier of Smart Compliance® first aid kits, refills, and safety products that meet regulatory requirements for a broad range of industries. The company pioneered consultative selling and support of first aid items to large corporate customers, and is recognized as an innovative leader in the safety products industry. It employs 100 people.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Spill Magic

Santa Ana, California, United States

Spill Magic, Inc. is a manufacturer of Spill Magic and Spill Magic products. Many large retail chains use its products to remove liquids from broken glass containers, oil and gas spills, bodily fluids, and solvents. Its easy-to-use and environmentally friendly products permanently absorb the spills, leaving the floors underneath dry and reducing injuries from falls.

Buy $7M

Seller(S) 1

SELLER

Vogel Capital

Sherborn, Massachusetts, United States
Category Company
Founded 1976
Sector Machinery
DESCRIPTION

Vogel Capital Inc. is a manufactures and markets metal cutting tools and equipment.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-01 Diamond Machining Technology

Marlborough, Massachusetts, United States

Diamond Machining Technology, Inc. is a provider of sharpening tools for knives, scissors, chisels, and other cutting tools.

Buy -
Mergr

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