Divestiture • Manufacturing

Abrasive Form Acquires Sun Country Industries

On February 25, 2019, Abrasive Form acquired manufacturer Sun Country Industries from McNally Industries

Acquisition Context
  • This is Abrasive Form’s 1st transaction in the Manufacturing sector.
  • This is Abrasive Form’s 1st transaction in the United States.
  • This is Abrasive Form’s 1st transaction in New Mexico.

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M&A Deal Summary

Date February 25, 2019
Target Sun Country Industries
Sector Manufacturing
Buyer(s) Abrasive Form
Sellers(s) McNally Industries
Deal Type Divestiture

Target Company

Sun Country Industries

Albuquerque, New Mexico, United States
Sun Country Industries LLC is a Nadcap certified contract manufacturer of aerospace components and assemblies. Sun Country specializes in close tolerance machining and precision assembly of the jet engine and airframe components, assemblies, and kits.
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Buyer Overview 1

Buyer

Abrasive Form

Bloomingdale, Illinois, United States

Category Company
Founded 1976
Sector Manufacturing
DESCRIPTION

Abrasive Form is an independent precision creep-feed grinding manufacturers serving the industrial gas turbine, aerospace, automotive, and general industrial sectors. The company’s portfolio includes more than 400 custom-engineered metal components, such as turbine blades, vanes, shrouds, rotors, and sprockets. Abrasive Form was founded in 1976 and is headquartered in Bloomingdale, Illinois.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
State: New Mexico 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

McNally Industries

Grantsburg, Wisconsin, United States

Category Company
Founded 1942
Sector Aerospace
DESCRIPTION

McNally Industries provides advanced design engineering, complex test and assembly, and precision machining and manufacturing for mission-critical applications, primarily supporting both new and legacy platforms for the aerospace & defense and midstream oil & gas markets. McNally Industries was founded in 1942 and is based in Grantsburg, Wisconsin.


Deal Context for Seller #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
State: New Mexico 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-21 Pacific Aero Tech

Kent, Washington, United States

Pacific Aero Tech is a certified FAA repair station and the third-party provider of the repair, overhaul and distribution of cockpit and passenger windows and avionics for commercial aircraft. Pacific Aero Tech was founded in 1987 and is based in Kent, Washington.

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