M&A Deal Summary

Basin Holdings Acquires Anderson Machining Service

On August 26, 2015, Basin Holdings acquired machinery company Anderson Machining Service

Acquisition Highlights
  • This is Basin Holdings’ 2nd transaction in the Machinery sector.
  • This is Basin Holdings’ 5th transaction in the United States.
  • This is Basin Holdings’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2015-08-26
Target Anderson Machining Service
Sector Machinery
Buyer(s) Basin Holdings
Deal Type Add-on Acquisition

Target

Anderson Machining Service

Jefferson, Wisconsin, United States
Anderson Machining Service, Inc. is a manufacturer of precision components and assemblies used in the hydraulic, recreational vehicle, and energy industries.

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Buyer(S) 1

Buyer

Basin Holdings

New York, New York, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Basin Holdings is a global holding company focused on providing products and services to energy and industrial customers. The Company operates in seven sectors: equipment supply and distribution, drilling tools, production and completion tools, material handling, precision machining, power solutions, and specialty products. Our global reach into emerging markets is an important differentiator. Basin currently manufactures oilfield equipment in North America, and distributes equipment and services through its global network of procurement centers, sales offices, and on-site supply stores.


DEAL STATS #
Overall 6 of 7
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 6 of 7
State (Wisconsin) 1 of 1
Country (United States) 5 of 6
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-17 Driltools International FZCO

Dubai, United Arab Emirates

Driltools International FZCO is an oilfield equipment supply and distribution to the global energy industry..

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-26 VCI

Sturgis, Michigan, United States

VCI, Inc. is a manufacturer of customized material handling racks used for transporting various parts and components in the automotive and government contracting markets.

Buy -