M&A Deal Summary

Barnes Group Acquires Priamus System Technologies AG

On October 1, 2015, Barnes Group acquired plastics company Priamus System Technologies AG

Acquisition Highlights
  • This is Barnes Group’s 2nd transaction in the Plastics sector.
  • This is Barnes Group’s 2nd transaction in Switzerland.

M&A Deal Summary

Date 2015-10-01
Target Priamus System Technologies AG
Sector Plastics
Buyer(s) Barnes Group
Deal Type Add-on Acquisition

Target

Priamus System Technologies AG

Schaffhausen, Switzerland
Priamus System Technologies AG is a technology leader in the development of advanced process control systems for the plastic injection molding industry.

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Buyer(S) 1

Buyer

Barnes Group

Bristol, Connecticut, United States

Category Company
Founded 1857
Sector Manufacturing
Employees6,500
Revenue 1.5B USD (2023)
DESCRIPTION

Barnes Group is an international aerospace and industrial manufacturing and service provider, serving a wide range of end markets and customers. The products and services provided by Barnes Group are used in far-reaching applications that provide transportation, communication, manufacturing and technology to the world. Barnes Group was incorporated in 1857 and is based in Bristol, Connecticut.


DEAL STATS #
Overall 17 of 22
Sector: Plastics M&A 2 of 3
Type: Add-on Acquisition M&A Deals 11 of 15
Country: Switzerland M&A 2 of 3
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-23 Thermoplay

Pont-saint-martin, Italy

Thermoplay SpA is a designer, developer and manufacturer of hot runner solutions for plastic injection molding applications primarily in the packaging, automotive, and medical end markets.

Buy €50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Adval Tech Holding AG - Molds Business

Niederwangen, Switzerland

Adval Tech Holding AG - Molds Business (FOBOHA) is specializes in the development and manufacturing of complex plastic injection molds for packaging, medical, consumer, and automotive applications.

Buy Fr.133M