M&A Deal Summary

Lawton Standard Acquires Northern Iron & Machine

On August 12, 2022, Lawton Standard acquired metals/mining company Northern Iron & Machine

Acquisition Highlights
  • This is Lawton Standard’s 4th transaction in the Metals/Mining sector.
  • This is Lawton Standard’s 4th transaction in the United States.
  • This is Lawton Standard’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-08-12
Target Northern Iron & Machine
Sector Metals/Mining
Buyer(s) Lawton Standard
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Northern Iron & Machine

St. Paul, Minnesota, United States
Northern Iron & Machine operates a full-service foundry, specializing in high-quality metal castings and machined parts. NIM was founded in 1986 and is based in St. Paul, Minnesota.

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Buyer(S) 1

Buyer

Lawton Standard

De Pere, Wisconsin, United States
Category Company
Sector Metals/Mining
DESCRIPTION

Lawton Standard provides alloy and complicated metallurgical castings. Lawton Standard is a specialist in high alloy and complicated metallurgical castings. Lawton Standard is based in De Pere, Wisconsin.

DEAL STATS #
Overall 4 of 5
Sector (Metals/Mining) 4 of 5
Type (Add-on Acquisition) 3 of 4
State (Minnesota) 1 of 1
Country (United States) 4 of 5
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-04 Penn-Mar Castings

Hanover, Pennsylvania, United States

Penn-Mar Castings is a manufacturer of high quality, multi-cored gray-and-ductile iron castings in sizes ranging from 150 to 5,000 pounds. Their air-set, no-bake molding process produces products for the refrigeration/air conditioning, pump/compressor, and motor/generator industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-10 American Iron & Alloys

Waukesha, Wisconsin, United States

American Iron & Alloys processes and distributes cast iron bars, bronze bars, and other metal parts, and provides finishing services to manufacturers. American Iron & Alloys is based in Waukesha, Wisconsin.

Buy -
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