Add-on Acquisition • Machinery

Climax Portable Machine Tools Acquires H&S Tool

On November 3, 2015, Climax Portable Machine Tools acquired machinery company H&S Tool

Acquisition Context
  • This is Climax Portable Machine Tools’ 2nd transaction in the Machinery sector.
  • This is Climax Portable Machine Tools’ 2nd transaction in the United States.
  • This is Climax Portable Machine Tools’ 1st transaction in Ohio.

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M&A Deal Summary

Date November 3, 2015
Target H&S Tool
Sector Machinery
Buyer(s) Climax Portable Machine Tools
Deal Type Add-on Acquisition
Advisor(s) EdgePoint Capital Advisors (Financial)

Target Company

H&S Tool

Wadsworth, Ohio, United States
H&S Tool, Inc. is an independent manufacturer of portable machine tools used in downstream oil & gas, power generation and other industrial markets.
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Buyer Overview 1

Buyer

Climax Portable Machine Tools

Newberg, Oregon, United States

Category Company
Founded 1966
Sector Machinery
DESCRIPTION

Climax Portable Machine Tools is a supplier of portable machine tools and related products serving the shipbuilding, power generation, service and engineering sectors. Climax Portable Machine Tools was founded in 1966 and is based in Newberg, Oregon.


Deal Context for Buyer #
Overall 2 of 2
Sector: Machinery 2 of 2
Type: Add-on Acquisition 2 of 2
State: Ohio 1 of 1
Country: United States 2 of 2
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-16 Calder Testers

Houston, Texas, United States

Calder Testers, a manufacturer of valve testing equipment.

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