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  6. Cirtec Acquires Stellar Technologies

M&A Deal Summary

Cirtec Acquires Stellar Technologies

On August 1, 2016, Cirtec acquired machinery company Stellar Technologies

Acquisition Highlights
  • This is Cirtec’s 1st transaction in the Machinery sector.
  • This is Cirtec’s 1st transaction in the United States.
  • This is Cirtec’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2016-08-01
Target Stellar Technologies
Sector Machinery
Buyer(s) Cirtec
Deal Type Add-on Acquisition

Target

Stellar Technologies

Brooklyn Park, Minnesota, United States
Stellar Technologies, Inc. is a medical device machining and component manufacturer.

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Buyer(S) 1

Buyer

Cirtec

Brooklyn Park, Minnesota, United States
Category Company
Founded 1986
Sector Medical Products
DESCRIPTION

Cirtec Medical is a provider of comprehensive medical product design and manufacturing solutions from concept through high-volume finished goods across all therapeutic categories. Cirtec Medical's technically-driven, 130-person team has particular expertise in minimally invasive systems, active and passive implants, and medical electronics. Cirtec Medical was founded in 1986 and is based in Brooklyn Park, Minnesota.

DEAL STATS #
Overall 1 of 8
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 7
State (Minnesota) 1 of 3
Country (United States) 1 of 7
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-07 Top Tool

Minneapolis, Minnesota, United States

Top Tool Co. is a manufacturer of complex precision stamped components. Top Tool Co. was established in 1966 and is based in Minneapolis, Minnesota.

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