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M&A Deal Summary

Ehrhardt Engineered Solutions Acquires SAF Drives

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2021-08-05
Target SAF Drives
Sector Machinery
Buyer(s) Ehrhardt Engineered Solutions
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
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