M&A Deal Summary

Carrier Vibrating Equipment Group Acquires Heyl & Patterson - Thermal Processing Division

On December 19, 2016, Carrier Vibrating Equipment Group acquired electrical equipment company Heyl & Patterson - Thermal Processing Division from Heyl & Patterson

Acquisition Highlights
  • This is Carrier Vibrating Equipment Group’s 1st transaction in the Electrical Equipment sector.
  • This is Carrier Vibrating Equipment Group’s 1st transaction in the United States.
  • This is Carrier Vibrating Equipment Group’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2016-12-19
Target Heyl & Patterson - Thermal Processing Division
Sector Electrical Equipment
Buyer(s) Carrier Vibrating Equipment Group
Sellers(s) Heyl & Patterson
Deal Type Divestiture

Target

Heyl & Patterson - Thermal Processing Division

Carnegie, Pennsylvania, United States
Heyl & Patterson, Inc. - Thermal Processing Division is an extensive bulk processing capabilities, including rotary dryers, calciners, and coolers.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Carrier Vibrating Equipment Group

Louisville, Kansas, United States

Category Company
Founded 1950
Sector Machinery
DESCRIPTION

Carrier Vibrating Equipment Group, Inc. is specializes in the design and manufacture of vibrating conveyors, feeders, screeners, fluid bed dryers and coolers, Tornesh dryers, flash dryers, media slurry dryers, spiral elevators, shakeouts, and more.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Heyl & Patterson

Carnegie, Pennsylvania, United States

Category Company
Founded 1887
Sector Engineering
DESCRIPTION

Heyl & Patterson, Inc. is a designer and construction of fluid bed dryers, rotary calciners, railcar dumpers and train handling systems.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1