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  6. CIC Group Acquires Scott Process Systems

M&A Deal Summary

CIC Group Acquires Scott Process Systems

On July 31, 2009, CIC Group acquired machinery company Scott Process Systems

Acquisition Highlights
  • This is CIC Group’s 1st transaction in the Machinery sector.
  • This is CIC Group’s 1st transaction in the United States.
  • This is CIC Group’s 1st transaction in Ohio.

M&A Deal Summary
Date 2009-07-31
Target Scott Process Systems
Sector Machinery
Buyer(s) CIC Group
Deal Type Add-on Acquisition

Target

Scott Process Systems

Hartville, Ohio, United States
Scott Process Systems, Inc. is a privately held fabricator of process and power piping systems used primarily in the domestic and international power generation and petrochemical industries.

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Buyer(S) 1

Buyer

CIC Group

St. Louis, Missouri, United States
Category Company
Sector Diversified
DESCRIPTION

CIC Group, Inc. is a holding company of diversified commercial and industrial businesses.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
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