M&A Deal Summary

Caloris Engineering Acquires Seitz Stainless

On April 2, 2019, Caloris Engineering acquired engineering company Seitz Stainless

Acquisition Highlights
  • This is Caloris Engineering’s 1st transaction in the Engineering sector.
  • This is Caloris Engineering’s 1st transaction in the United States.
  • This is Caloris Engineering’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2019-04-02
Target Seitz Stainless
Sector Engineering
Buyer(s) Caloris Engineering
Deal Type Add-on Acquisition

Target

Seitz Stainless

Avon, Minnesota, United States
Seitz Stainless LLC is an equipment fabricator developing relationships with numerous food, dairy, pharmaceutical, semiconductor, and chemical engineering companies to produce their custom equipment. Seitz specializes in low volume, high-value sanitary equipment such as evaporation systems, heat exchangers, vapor separators, cyclonic separators, dryers and dryer components, tanks and pressure vessels. Seitz knows and understands 3A design, and has a close working relationship with USDA equipment inspectors.

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Buyer(S) 1

Buyer

Caloris Engineering

Easton, Maryland, United States
Category Company
Founded 2006
Sector Engineering
DESCRIPTION

Caloris Engineering LLC engineers and builds evaporation, membrane, and drying processing systems for the juice, dairy, and other food industries to create the best achievable concentrates and a wide spectrum of powders produced on Caloris Tower or Compact Multiple Stage (CMS) spray dryers.

DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
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