M&A Deal Summary

Jason Acquires Schaffner Manufacturing

On April 1, 2019, Jason acquired manufacturer Schaffner Manufacturing for 11M USD

Acquisition Highlights
  • This is Jason’s 2nd transaction in the Manufacturing sector.
  • This is Jason’s 2nd largest (disclosed) transaction.
  • This is Jason’s 1st transaction in the United States.
  • This is Jason’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-04-01
Target Schaffner Manufacturing
Sector Manufacturing
Buyer(s) Jason
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

Schaffner Manufacturing

Pittsburgh, Pennsylvania, United States
Schaffner Manufacturing Co., Inc. is a manufacturer of high-quality polishing and finishing products. Schaffner develops products for specialized applications including flap wheels, buffing wheels, and buffing compounds. Schaffner Manufacturing Co., Inc. was founded in 1949 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Jason

Milwaukee, Wisconsin, United States
Category Company
Founded 1887
Sector Manufacturing
Employees3,600
Revenue 338M USD (2019)
DESCRIPTION

Jason is a manufacturer of seating, finishing, components, and automotive acoustic products. Jason Industries was founded in 1887 and is based in Milwaukee, Wisconsin.

DEAL STATS #
Overall 2 of 3
Sector (Manufacturing) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 Dronco

Wunsiede, Germany

Dronco GmbH is a manufacturers of abrasive industry, specializes in the area of abrasives and sells its products worldwide in approx. 100 countries. The company's range of products, including cutting, grinding and abrasive discs, diamond tools, ceramic abrasives, sandpapers, and technical brushes, is recognized for outstanding quality among professional tradespeople and discerning DIY users alike.

Buy €32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-12 Janesville Fiber Solutions

Southfield, Michigan, United States

Janesville Fiber Solutions is a producer of acoustical and thermal fiber insulation for a variety of automotive applications. Janesville Fiber Solutions was founded in 1874 and is based in Southfield, Michigan.

Sell -
Mergr

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