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  6. HGR Acquires Tramar Industries

M&A Deal Summary

HGR Acquires Tramar Industries

On December 23, 2021, HGR acquired machinery company Tramar Industries

Acquisition Highlights
  • This is HGR’s 1st transaction in the Machinery sector.
  • This is HGR’s 1st transaction in the United States.
  • This is HGR’s 1st transaction in Michigan.

M&A Deal Summary
Date 2021-12-23
Target Tramar Industries
Sector Machinery
Buyer(s) HGR
Deal Type Add-on Acquisition

Target

Tramar Industries

Novi, Michigan, United States
Tramar Industries buys and sells equipment domestically and globally, making it easy for customers to not only find the right machinery and parts for their facility but to also sell high-quality used equipment to a reputable company. Tramar Industries was founded in 1994 and is based in Novi, Michigan.

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Buyer(S) 1

Buyer

HGR

Euclid, Ohio, United States
Category Company
Founded 1998
Sector Machinery
DESCRIPTION

HGR engages in buying and selling used industrial surplus and equipment. HGR strives to cultivate a business environment where it serves as a conduit between customers looking for affordable used manufacturing machinery and industrial equipment and manufacturers hoping to recoup some portion of their initial capital investments. HGR was founded in 1998 and is based in Euclid, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
Mergr

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