Add-on Acquisition • Manufacturing

ARCH Cutting Tools Acquires New York State Tool

On June 20, 2022, ARCH Cutting Tools acquired manufacturer New York State Tool

Acquisition Context
  • This is ARCH Cutting Tools’ 3rd transaction in the Manufacturing sector.
  • This is ARCH Cutting Tools’ 3rd transaction in the United States.
  • This is ARCH Cutting Tools’ 1st transaction in New York.

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M&A Deal Summary

Date June 20, 2022
Target New York State Tool
Sector Manufacturing
Buyer(s) ARCH Cutting Tools
Deal Type Add-on Acquisition

Target Company

New York State Tool

Chadwicks, New York, United States
New York State Tool specializes in custom-made solid round carbide tools, catering to metals and applications in the aerospace and defense industries, as well as other industrial manufacturing markets. New York State Tool was formed in 1976 and is based in Chadwicks, New York.
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Buyer Overview 1

Buyer

ARCH Cutting Tools

Bloomfield Hills, Michigan, United States

Category Company
Sector Manufacturing
DESCRIPTION

ARCH Cutting Tools is a provider of engineering and machining facilities to the betterment of precision machined parts, products, tools, and related supply chain processes. ARCH Cutting Tools is based in Bloomfield Hills, Michigan.


Deal Context for Buyer #
Overall 3 of 6
Sector: Manufacturing 3 of 6
Type: Add-on Acquisition 3 of 6
State: New York 1 of 1
Country: United States 3 of 6
Year: 2022 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-23 Diversified Precision Products

Spring Arbor, Michigan, United States

Diversified Precision Products provides custom round tools and work rest blades, and excels in the automotive, medical, agricultural, heavy equipment, and aerospace industries. Diversified Precision Products was founded in 1969 and is based in Spring Arbor, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-25 VRWesson

Cape Coral, Florida, United States

VRWesson is a manufacturer of standard and special inserts, tool holders, and milling cutters. VRWesson is based in Cape Coral, Florida.

Buy -