M&A Deal Summary

Designatronics Acquires Grobet USA - Wyoming Manufacturing Business

On June 20, 2022, Designatronics acquired manufacturer Grobet USA - Wyoming Manufacturing Business from Grobet USA

Acquisition Highlights
  • This is Designatronics’ 1st transaction in the Manufacturing sector.
  • This is Designatronics’ 1st transaction in the United States.
  • This is Designatronics’ 1st transaction in Wyoming.

M&A Deal Summary
Date 2022-06-20
Target Grobet USA - Wyoming Manufacturing Business
Sector Manufacturing
Buyer(s) Designatronics
Sellers(s) Grobet USA
Deal Type Divestiture

Target

Grobet USA - Wyoming Manufacturing Business

Cheyenne, Wyoming, United States
Grobet USA's Wyoming Manufacturing Business is a production facility for high-speed steel and carbide burs. The production facility includes property, plant, and equipment.

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Buyer(S) 1

Buyer

Designatronics

Hicksville, New York, United States
Category Company
Founded 1950
Sector Manufacturing
DESCRIPTION

Designatronics is the designer, manufacturer, and distributor of small mechanical, electro-mechanical motion control components and sub-assemblies. Designatronics was founded in 1950 and is based in Hicksville, New york.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Wyoming) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-20 Advanced Antivibration Components

New Hyde Park, New York, United States

Advanced Antivibration Components is a manufacture of Wire Rope Isolators, Leveling Foot Mounts, Bumpers, HVAC Hangers, Pads, Shaft Couplings and more.

Sell -

Seller(S) 1

SELLER

Grobet USA

Carlstadt, New Jersey, United States
Category Company
Founded 1915
Sector Manufacturing
DESCRIPTION

Grobet USA is a manufacturer and distributor of specialty tools and accessories. Grobet USA products are used in the jewelry, industrial, optical, professional, hobby, and dental marketplaces. Grobet USA was founded in 1915 and is based in Carlstadt, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Wyoming) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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