Wetmore Tool & Engineering - Ownership and Business Overview

MachineryCompany

Wetmore Tool & Engineering Ownership

Who owns Wetmore Tool & Engineering?

Wetmore Tool & Engineering is owned by Sandvik Ab. It was acquired on January 9, 2019.

Was Wetmore Tool & Engineering formerly PE-backed?

Yes. Wetmore Tool & Engineering was formerly owned by 1 private investor.

Wetmore Tool & Engineering Business Overview

Where is Wetmore Tool & Engineering headquartered?

Wetmore Tool & Engineering is headquartered in Chino, California.

What sector is Wetmore Tool & Engineering in?

Wetmore Tool & Engineering is a machinery company.

When was Wetmore Tool & Engineering founded?

Wetmore Tool & Engineering was founded in 1950.

Machinery M&A Summary in 2019

Out of 60 sectors in the Mergr database, machinery ranked 17 in number of deals in 2019. The largest machinery acquisition in 2019 was Howden Group - which was acquired by KPS Capital Partners for $1.8B.

Join Mergr to view all 155 acquisitions of machinery companies in 2019, including 40 acquisitions by private equity firms, and 115 by strategics.

Wetmore Tool & Engineering, Inc.

5091 G Street,
Chino, California 91710
United States,
(909) 364-1000
www.hpwetmore.com

Wetmore Tool & Engineering, Inc. is a manufacturer of round tools specialized for the aerospace industry. Wetmore Tool & Engineering was founded in 1950 and is based in Chino, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.2/yr) # - 1 - - - - 1
  1

Most Recent M&A

Company Date Value Type
Wetmore Tool & Engineering, Inc. - California Associated Products (CAP) Business 2020-02-01 - Divestiture
Chino, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Aerospace - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
United States - - 1 -
  California - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Machinery

Revenue

160   2017
(millions of SEK)

Established

1950

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