Add-on Acquisition • Machinery

CIC Group Acquires Scott Process Systems

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date July 31, 2009
Target Scott Process Systems
Sector Machinery
Buyer(s) CIC Group
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Add-on Acquisition 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2009 1 of 1