M&A Deal Summary

Friem Acquires DynAmp

On October 13, 2022, Friem acquired manufacturer DynAmp

Acquisition Highlights
  • This is Friem’s 1st transaction in the Manufacturing sector.
  • This is Friem’s 1st transaction in the United States.
  • This is Friem’s 1st transaction in Ohio.

M&A Deal Summary

Date 2022-10-13
Target DynAmp
Sector Manufacturing
Buyer(s) Friem
Deal Type Add-on Acquisition

Target

DynAmp

Grove City, Ohio, United States
DynAmp is a manufacturer of high electrical current measurement systems for industrial applications. The company's systems have been providing electro-industrial plants with the accurate information necessary to control, optimize and protect equipment and processes. It utilizes a number of different sensing technologies to provide multiple price/performance levels to match the needs of a wide variety of applications such as the primary aluminum and Chlor-alkali electrolysis processes. DynAmp was formed in 1962 and is based in Grove City, Ohio.

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Buyer(S) 1

Buyer

Friem

Milan, Italy

Category Company
Founded 1950
Sector Manufacturing
DESCRIPTION

Friem is a technology manufacturer with deep expertise in the conversion of electrical energy. Specialized in the design and production of electrical converters for special applications, the company represents today an important international player in the energy transition with offices, production sites, and representatives in every continent. Friem was founded in 1950 and is based in Milan, Italy.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1