M&A Deal Summary

Dayton Progress Acquires Lane Punch

On February 1, 2015, Dayton Progress acquired automotive company Lane Punch

Acquisition Highlights
  • This is Dayton Progress’ 1st transaction in the Automotive sector.
  • This is Dayton Progress’ 1st transaction in the United States.
  • This is Dayton Progress’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2015-02-01
Target Lane Punch
Sector Automotive
Buyer(s) Dayton Progress
Deal Type Add-on Acquisition

Target

Lane Punch

Salisbury, North Carolina, United States
Lane Punch Corp. is a punch manufacturer principally serving the automotive industry. Lane Punch Corp. is based in Salisbury, North Carolina.

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Buyer(S) 1

Buyer

Dayton Progress

Dayton, Ohio, United States

Category Company
Sector Machinery
DESCRIPTION

Dayton Progress Corporation is the global industry leader in the production of punches, pilots, dies, retainers and other metal stamping and forming tools serving the automotive, housing, appliance and ammunition industries. Through its subsidiary PCS Company, it is also a North American leader in the sale of mold bases, components and hot runner systems for plastic injection molds. Dayton has approximately 800 employees located in the U.S., Canada, Mexico, Japan, Taiwan, Portugal, France, Germany, Poland, the Czech Republic and the United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-17 Anchor Lamina

Windsor, Ontario, Canada

Anchor Lamina Manufacturer and distributor of products used in the tool, die and mold industries.

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