M&A Deal Summary

Enbi Group Acquires Pierce Industries

On June 24, 2019, Enbi Group acquired manufacturer Pierce Industries

Acquisition Highlights
  • This is Enbi Group’s 1st transaction in the Manufacturing sector.
  • This is Enbi Group’s 1st transaction in the United States.
  • This is Enbi Group’s 1st transaction in New York.

M&A Deal Summary

Date 2019-06-24
Target Pierce Industries
Sector Manufacturing
Buyer(s) Enbi Group
Deal Type Add-on Acquisition

Target

Pierce Industries

Rochester, New York, United States
Pierce Industries is an industrial roller manufacturer that specializes in remanufacturing and assembly, advanced welding, CNC machining, cylindrical roll forming, and coating applications. Pierce Industries was founded in 1967 and is based in Rochester, New York.

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Buyer(S) 1

Buyer

Enbi Group

Shelbyville, Indiana, United States

Category Company
Founded 1950
Sector Manufacturing
DESCRIPTION

Enbi Group is a manufacturer of high-performance precision rollers, insulation, gaskets and sealing technologies. Enbi serves best-in-class OEMs in digital printing, ATMs and cash handling systems, HVAC (heating, ventilation, air conditioning) as well as other industries in which exacting precision and quality are critical to end-product performance. Enbi Group was established in 1950 and is based in Shelbyville, Indiana.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1