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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