M&A Deal Summary

Dorner Mfg. Acquires FlexMove System Sdn. Bhd

On February 2, 2016, Dorner Mfg. acquired manufacturer FlexMove System Sdn. Bhd

Acquisition Highlights
  • This is Dorner Mfg.’s 1st transaction in the Manufacturing sector.
  • This is Dorner Mfg.’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2016-02-02
Target FlexMove System Sdn. Bhd
Sector Manufacturing
Buyer(s) Dorner Mfg.
Deal Type Add-on Acquisition

Target

FlexMove System Sdn. Bhd

Penang, Malaysia
FlexMove, a maker of flexible chain conveyors for food, beverage, automotive, electronic and other sectors.

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Buyer(S) 1

Buyer

Dorner Mfg.

Hartland, Wisconsin, United States

Category Company
Founded 1966
Sector Machinery
Employees300
DESCRIPTION

Dorner Mfg. Corp. is a US-based major global provider of purpose-built, high-quality precision conveyor systems utilized in process automation operations to enhance productivity, quality, and profitability throughout the production process. Dorner Mfg. Corp was formed in 1996 and is based in Hartland, Wisconsin.


DEAL STATS #
Overall 1 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Malaysia M&A 1 of 1
Year: 2016 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-07 GEPPERT-Band

Jülich, Germany

Geppert designs, manufactures and sells branded belt conveyors made from aluminum and steel for indoor applications in the food processing and packaging, automotive, metal-working, chemical and pharmaceutical industries. Geppert serves customers in several countries including Germany, Switzerland, France, Netherlands, Austria and India.

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