NN Mergers and Acquisitions Summary

ManufacturingCompany

NN has acquired 7 companies, including 2 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets.

NN’s largest acquisition to date was in 2015, when it acquired Precision Engineered Products for $615M. It’s largest disclosed sale occurred in 2020, when it sold NN - Life Sciences Division to MW Industries for $825M. NN has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include medical products (34%) and metals/mining (34%).

Join Mergr and gain access to NN’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the manufacturing sector.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity6
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 5
  • M&A Advisors 3

NN

NN, Inc.

6210 Ardrey Kell Road,
Charlotte, North Carolina 28277
United States,
(980) 264-4300
www.nninc.com

NN manufactures and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of markets on a global basis. NN was established in 1980 and is based in Charlotte, North Carolina.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.0/yr) # 6 - - - - - 6
vol $1.2B $1.2B
Sell (0.2/yr) # 1 - 1 - - - 2
vol $375M $825M $1.2B
  8

Most Recent M&A

Company Date Value Type
NN, Inc. - Life Sciences Division 2020-08-24 825M USD Divestiture
Johnson City, Tennessee
Paragon Medical, Inc. 2018-04-03 375M USD Add-on Acquisition
Pierceton, Indiana · www.paragonmedical.com
Bridgemedica LLC 2018-02-22 - Add-on Acquisition
Mansfield, Massachusetts · www.bridgemedica.com
Precision Bearing Components Group 2017-07-10 375M USD Divestiture
Johnson City, Tennessee
Precision Engineered Products LLC 2015-08-17 615M USD Add-on Acquisition
Attleboro, Massachusetts · www.pep-corp.com
Autocam Corp. 2014-07-21 245M USD Add-on Acquisition
Kentwood, Michigan · www.autocam.com
Chelsea Grinding Co. 2014-07-15 - Add-on Acquisition
Jackson, Michigan
RFK Valjcici d.d. Konjic 2014-06-25 - Stake Purchase
Konjic, Bosnia and Herzegowina · www.rfk-valjcici.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Precision Engineered Products LLC 2015-08-17 Imperial Machine and Tool Co. 2018-09-19 1
Attleboro, Massachusetts · www.pep-corp.com Columbia, New Jersey · www.imperialmachine.com

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 2 (33%) 375M (30%) 1 (50%) 825M (69%)
Metals/Mining 2 (33%) 245M (20%) - -
Manufacturing 1 (17%) 615M (50%) 1 (50%) 375M (31%)
Machinery 1 (17%) - - -
Total 6 $1.2B 2 $1.2B

By Geo

State/Country Buy Value Sell Value
United States 5 1.2B 2 1.2B
  Michigan 2 245M - -
  Massachusetts 2 615M - -
  Tennessee - - 2 1.2B
  Indiana 1 375M - -
Bosnia and Herzegowina 1 - - -
Domestic 5 (83%) 1.2B (100%) 2 (100%) 1.2B (100%)
Cross-border 1 (17%) - - -
Total 6 $1.2B 2 $1.2B

Top M&A Advisors

Financial Deals
KeyBanc Capital Markets
2
SunTrust Robinson Humphrey, Inc.
2
Legal Deals
Bass, Berry & Sims PLC
2

Deal Values

buy # Total
$100M to $1B 3 $1.2B
TOTAL $1.2B
Largest Precision Engineered Products LLC
$615M (2015-08-17)
sell # Total
$100M to $1B 2 $1.2B
TOTAL $1.2B
Largest NN, Inc. - Life Sciences Division
$825M (2020-08-24)

M&A Connections

Deals
Acquired from
Investor(s)
33%
2 (33%)
Divested to
Strategic(s)
100%
2 (100%)

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