M&A Deal Summary

Langer Biomechanics Acquires Twincraft

On January 1, 2007, Langer Biomechanics acquired consumer products company Twincraft

Acquisition Highlights
  • This is Langer Biomechanics’ 2nd transaction in the Consumer Products sector.
  • This is Langer Biomechanics’ 2nd transaction in the United States.
  • This is Langer Biomechanics’ 1st transaction in Vermont.

M&A Deal Summary
Date 2007-01-01
Target Twincraft
Sector Consumer Products
Buyer(s) Langer Biomechanics
Deal Type Add-on Acquisition
Advisor(s) Kaufman & Co. LLC (Financial)

Target

Twincraft

Winooski, Vermont, United States
Twincraft, Inc. is a manufacturer of Custom Soaps.

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Buyer(S) 1

Buyer

Langer Biomechanics

New York, New York, United States
Category Company
Founded 1971
Sector Consumer Products
Employees289
Revenue 45M USD (2010)
DESCRIPTION

Langer Biomechanics is a manufacturer and marketer of gel-based products for the treatment of common orthopedic and footcare conditions. Langer Biomechanics was founded in 1971 and is based in New York.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Vermont) 1 of 1
Country (United States) 2 of 2
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-30 Silipos

Niagara Falls, New York, United States

Silipos manufactures podiatry, prosthetic, skincare, and beauty gel products that are recognized in manufacturing quality, innovative gel technology products for orthopedics, prosthetics, skincare. Silipos was founded in 1989 and is based in Niagara Falls, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-01 Bi-Op Laboratories

Saint Charles Borromee, Quebec, Canada

Bi-Op Laboratories, Inc. is a manufacturer of custom foot orthotics and provides orthotic and prosthetic services in a clinic co-located with the manufacturing facility.

Sell -
Mergr

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