M&A Deal Summary

BICO STEEL Acquires IFABM

On October 26, 2022, BICO STEEL acquired manufacturer IFABM

Acquisition Highlights
  • This is BICO STEEL’s 1st transaction in the Manufacturing sector.
  • This is BICO STEEL’s 1st transaction in the United States.
  • This is BICO STEEL’s 1st transaction in Michigan.

M&A Deal Summary
Date 2022-10-26
Target IFABM
Sector Manufacturing
Buyer(s) BICO STEEL
Deal Type Add-on Acquisition

Target

IFABM

Breckenridge, Michigan, United States
IFABM is a machining of custom dies sets, plates and parallels. IFABM was founded in 2007 and is based in Breckenridge, Michigan.

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Buyer(S) 1

Buyer

BICO STEEL

Mogadore, Ohio, United States
Category Company
Founded 1896
Sector Metals/Mining
DESCRIPTION

BICO STEEL is a steel service center that processes heavy carbon steel plate and forged specialty alloy steel. BICO offers a broad collection of services including flame cutting, saw cutting, grinding, milling, machining, and furnace operations. BICO STEEL was founded in 1896 and is based in Mogadore, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
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