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M&A Deal Summary

Avon Machining Acquires Plasma-Tec

On October 22, 2019, Avon Machining acquired machinery company Plasma-Tec

Acquisition Highlights
  • This is Avon Machining’s 1st transaction in the Machinery sector.
  • This is Avon Machining’s 1st transaction in the United States.
  • This is Avon Machining’s 1st transaction in Michigan.

M&A Deal Summary
Date 2019-10-22
Target Plasma-Tec
Sector Machinery
Buyer(s) Avon Machining
Deal Type Add-on Acquisition

Target

Plasma-Tec

Moline, Michigan, United States
Plasma-Tec, Inc. is a manufacturer & coats precision machined & ground components for various OEM industries, with a niche in high wear applications such as rotating equipment & pump components. Plasma-Tec, Inc. was founded in 1981 and is based in Moline, Michigan.

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Buyer(S) 1

Buyer

Avon Machining

Shelby Township, Michigan, United States
Category Company
Founded 1974
Sector Machinery
DESCRIPTION

Avon Machining is a designer and producer of large, complex, precision parts for heavy equipment industries in North America and beyond. Avon collaboratively engineers and provides the part solution that maximizes long term reliability, durability and overall cost-effectiveness as a Tier 1 supplier to OEMs. Avon Machining was founded in 1974 and is based in Shelby Township, Michigan.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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