M&A Deal Summary

Gleason Acquires Distech Systems

On May 30, 2014, Gleason acquired machinery company Distech Systems

Acquisition Highlights
  • This is Gleason’s 2nd transaction in the Machinery sector.
  • This is Gleason’s 1st transaction in the United States.
  • This is Gleason’s 1st transaction in New York.

M&A Deal Summary

Date 2014-05-30
Target Distech Systems
Sector Machinery
Buyer(s) Gleason
Deal Type Add-on Acquisition

Target

Distech Systems

Rochester, New York, United States
Distech Systems designs and manufactures factory automation systems, serving a variety of customers in the automotive and other industries.

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Buyer(S) 1

Buyer

Gleason

Rochester, New York, United States

Category Company
Founded 1865
Sector Machinery
DESCRIPTION
Gleason's 2014 trade show display at IMTS in Chicago.
Gleason's 2014 trade show display at IMTS in Chicago.

Gleason is a developer, manufacturer and seller of gear-production machinery and related equipment. The Company’s products are used by customers in the automotive, truck, aircraft, agriculture, construction, power tool and marine industries and by a diverse set of customers serving various industrial equipment markets. Gleason has manufacturing operations in Rochester, New York; Rockford, Illinois; Plymouth, England; Munich and Ludwigsburg, Germany; Bangalore, India; and Biel, Switzerland, and has sales and service offices throughout North America and Europe and in the Asia-Pacific region. Gleason was founded in 1865 and is based in Rochester, New York.


DEAL STATS #
Overall 2 of 3
Sector: Machinery M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-20 Gleason-Saikuni Co.

Niigata, Japan

Gleason-Saikuni Co., Ltd. is a manufacturer of gear cutting tool sharpening equipment, cutting tool inspection equipment, rack milling machines and other metal cutting and finishing equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-16 KISSsoft

Bubikon, Switzerland

KISSsoft develops design software for gears and power transmission systems, serving customers globally across a wide spectrum of industries. The scope of the software ranges from a single machine element up to the automatic sizing of complete gearboxes.

Buy -