M&A Deal Summary

Cretex Companies Acquires Spectralytics

On December 3, 2012, Cretex Companies acquired machinery company Spectralytics

Acquisition Highlights
  • This is Cretex Companies’ 1st transaction in the Machinery sector.
  • This is Cretex Companies’ 2nd transaction in the United States.
  • This is Cretex Companies’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2012-12-03
Target Spectralytics
Sector Machinery
Buyer(s) Cretex Companies
Deal Type Add-on Acquisition

Target

Spectralytics

Dassel, Minnesota, United States
website
Spectralytics, Inc. is a provider of contract manufacturing services to medical device industry.

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Buyer(S) 1

Buyer

Cretex Companies

Elk River, Minnesota, United States

website


Category Company
Founded 1917
Sector Manufacturing
DESCRIPTION

Cretex Companies, Inc. is a provider of manufacturing services to medical, aerospace and defense, infrastructure, and industrial markets.


DEAL STATS #
Overall 2 of 3
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Minnesota) 1 of 2
Country (United States) 2 of 3
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-23 Harkness Enterprises

Soquel, California, United States

Harkness Enterprises, Inc. is a provider of plastic medical device contract manufacturing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-13 Quality Tech Services

Bloomington, Minnesota, United States

Quality Tech Services, Inc. is a provider of outsourced packaging services to the medical device industry. QTS specializes in cleanroom assembly, packaging and labeling, sterilization management, process development and validations, and material sourcing and supply chain management. Quality Tech Services, Inc. was founded in 2001 and is based in Bloomington, Minnesota.

Buy -