Add-on Acquisition • Metals/Mining

Ermak Foundry & Machining Acquires Patriot Foundry & Castings

On March 8, 2021, Ermak Foundry & Machining acquired metals/mining company Patriot Foundry & Castings

Acquisition Context
  • This is Ermak Foundry & Machining’s 1st transaction in the Metals/Mining sector.
  • This is Ermak Foundry & Machining’s 1st transaction in the United States.
  • This is Ermak Foundry & Machining’s 1st transaction in New Hampshire.

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M&A Deal Summary

Date March 8, 2021
Target Patriot Foundry & Castings
Sector Metals/Mining
Buyer(s) Ermak Foundry & Machining
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

Patriot Foundry & Castings

Franklin, New Hampshire, United States
Patriot Foundry & Castings is a foundry specializing in nonferrous sand castings of bronze, aluminum, and zinc-based alloys. Patriot’s revenue mix consists of non-ferrous metal sand castings and dock hardware. Patriot Foundry & Castings was founded in 1986 and is based in Franklin, New Hampshire.
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Buyer Overview 1

Buyer

Ermak Foundry & Machining

Chaska, Minnesota, United States

Category Company
Sector Metals/Mining
DESCRIPTION

Ermak Foundry & Machining provides everything from prototypes to one-off custom products to large production runs. Ermak Foundry & Machining specializes in permanent mold (also known as gravity-fed die cast), green sand, and air set (also known as no-bake) castings as well as many value-added services such as finishing, machining, and heat-treating. Ermak Foundry & Machining is based in Chaska, Minnesota.


Deal Context for Buyer #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 1 of 1
State: New Hampshire 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1