Add-on Acquisition • Machinery

Ehrhardt Engineered Solutions Acquires SAF Drives

On August 5, 2021, Ehrhardt Engineered Solutions acquired machinery company SAF Drives

Acquisition Context

This is Ehrhardt Engineered Solutions’ 1st transaction in the Machinery sector.
This is Ehrhardt Engineered Solutions’ 1st transaction in Canada.
This is Ehrhardt Engineered Solutions’ 1st transaction in Ontario.

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M&A Deal Summary
Date	August 5, 2021
Target	SAF Drives
Sector	Machinery
Buyer(s)	Ehrhardt Engineered Solutions
Deal Type	Add-on Acquisition

Target Company

SAF Drives

New Hamburg, Ontario, Canada

SAF Drives is a provider of automation and controls solutions for customers in the steel, printing, paper, and other process industries. SAF Drives was founded in 1976 and is located in New Hamburg, Ontario.

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Buyer Overview 1

Buyer

Ehrhardt Engineered Solutions

Granite City, Illinois, United States

Category	Company
Founded	1937
Sector	Machinery

DESCRIPTION

Ehrhardt Engineered Solutions designs and manufactures customized tools, dies, racking systems, automated equipment, and specialty machined parts. Ehrhardt Engineered Solutions was founded in 1937 and is based in Granite City, Illinois.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Machinery	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2021	1 of 1

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