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  6. CG Machinery Acquires King Machine

M&A Deal Summary

CG Machinery Acquires King Machine

On September 20, 2022, CG Machinery acquired distribution company King Machine

Acquisition Highlights
  • This is CG Machinery’s 1st transaction in the Distribution sector.
  • This is CG Machinery’s 1st transaction in the United States.
  • This is CG Machinery’s 1st transaction in Idaho.

M&A Deal Summary
Date 2022-09-20
Target King Machine
Sector Distribution
Buyer(s) CG Machinery
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

King Machine

Meridian, Idaho, United States
King Machine is a machine tool and machining robotics distributor. King Machine was founded in 1999 and is based in Meridian, Idaho.

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Buyer(S) 1

Buyer

CG Machinery

Largo, Florida, United States
Category Company
Sector Machinery
DESCRIPTION

CG Machinery provides access to hundreds of qualified technicians and engineers with automation systems and controls expertise to meet the entire spectrum of manufacturing and automation needs. CG Machinery is based in Largo, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Idaho M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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