M&A Deal Summary

Avalon Precision Metalsmiths Acquires Precision Metalsmiths

On November 17, 2014, Avalon Precision Metalsmiths acquired manufacturer Precision Metalsmiths

Acquisition Highlights
  • This is Avalon Precision Metalsmiths’ 1st transaction in the Manufacturing sector.
  • This is Avalon Precision Metalsmiths’ 2nd transaction in the United States.
  • This is Avalon Precision Metalsmiths’ 1st transaction in Ohio.

M&A Deal Summary

Date 2014-11-17
Target Precision Metalsmiths
Sector Manufacturing
Buyer(s) Avalon Precision Metalsmiths
Deal Type Merger

Target

Precision Metalsmiths

Cleveland, Ohio, United States
Precision Metalsmiths, Inc. is a manufacturer of precision investment cast metal parts, (investment castings. Precision Metalsmiths, Inc. is based in Cleveland, Ohio.

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Buyer(S) 1

Buyer

Avalon Precision Metalsmiths

Cleveland, Ohio, United States

Category Company
Founded 1945
Sector Manufacturing
DESCRIPTION

Avalon Precision Metalsmiths is a full-service turnkey casting platform. These castings are supplied to leading US customers in the aerospace, defense, HVAC, power, agriculture, oil & gas end markets. Avalon Precision Metalsmiths was founded in 1945 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 2 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 Craft Cast Co.

Jackson, Wisconsin, United States

Craft Cast Co., Inc. is a full-service supplier of investment castings using a variety of ferrous and non-ferrous alloys. Craft Cast offers complete engineering support to its network of blue-chip customers, as well as value-added machining and assembly services.

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