M&A Deal Summary

Nita Acquires Shorewood

On July 10, 2024, Nita acquired machinery company Shorewood

Acquisition Highlights
  • This is Nita’s 1st transaction in the Machinery sector.
  • This is Nita’s 1st transaction in the United States.
  • This is Nita’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2024-07-10
Target Shorewood
Sector Machinery
Buyer(s) Nita
Deal Type Add-on Acquisition

Target

Shorewood

Waconia, Minnesota, United States
Shorewood designs and manufactures pressure-sensitive labeling systems. The company's systems are installed worldwide in some of the most demanding applications. Shorewood was formed in 1988 and is based in Waconia, Minnesota.

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Buyer(S) 1

Buyer

Nita

Terrebonne, Quebec, Canada

Category Company
Founded 1990
Sector Machinery
DESCRIPTION

Nita is a manufacturer of the most technologically advanced and intuitive labeling systems. The company uses simplified architecture and off-the-shelf electronics in order to make its machines more robust and easier to maintain. Moreover, its state-of-the-art Human Machine Interface (HMI) makes the machine incredibly user-friendly, giving operators the ability to control the labeling process more easily. Nita was formed in 1990 and is based in Terrebonne, Quebec.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1