M&A Deal Summary

Iowa Spring Manufacturing Acquires Northeast Spring

On September 18, 2023, Iowa Spring Manufacturing acquired manufacturer Northeast Spring

Acquisition Highlights
  • This is Iowa Spring Manufacturing’s 1st transaction in the Manufacturing sector.
  • This is Iowa Spring Manufacturing’s 1st transaction in the United States.
  • This is Iowa Spring Manufacturing’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2023-09-18
Target Northeast Spring
Sector Manufacturing
Buyer(s) Iowa Spring Manufacturing
Deal Type Add-on Acquisition

Target

Northeast Spring

Reading, Pennsylvania, United States
Northeast Spring is a manufacturer of custom springs, including overhead door springs for OEMs, direct use manufacturers and suppliers worldwide. Northeast Spring is based in Reading, Pennsylvania.

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Buyer(S) 1

Buyer

Iowa Spring Manufacturing

Adel, Iowa, United States

Category Company
Founded 1977
Sector Manufacturing
DESCRIPTION

Iowa Spring Manufacturing is a manufacturer of springs used in the overhead door, construction, agriculture, and recreational equipment industries. Iowa Spring Manufacturing was founded in 1977 and is based in Adel, lowa.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1