M&A Deal Summary

MacLean Power Systems Acquires Dotson Iron Castings

On May 19, 2023, MacLean Power Systems acquired metals/mining company Dotson Iron Castings

Acquisition Highlights
  • This is MacLean Power Systems’ 1st transaction in the Metals/Mining sector.
  • This is MacLean Power Systems’ 2nd transaction in the United States.
  • This is MacLean Power Systems’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2023-05-19
Target Dotson Iron Castings
Sector Metals/Mining
Buyer(s) MacLean Power Systems
Deal Type Add-on Acquisition

Target

Dotson Iron Castings

Mankato, Minnesota, United States
Dotson Iron Castings is a ductile iron foundry that specializes in the production of ductile iron castings for a variety of industries, including agriculture, construction, transportation, and more. Dotson Iron Castings was founded in 1876 and is located in Mankato, Minnesota.

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Buyer(S) 1

Buyer

MacLean Power Systems

Fort Mill, South Carolina, United States

Category Company
Founded 1925
Sector Electrical Equipment
Employees1,300
DESCRIPTION

MacLean Power Systems is a manufacturer of products used by utilities for building transmission and distribution lines and substations. MPS product families include hardware and connection products as well as insulation and protection products. MacLean Power Systems was founded in 1925 and is based in Fort Mill, South Carolina.


DEAL STATS #
Overall 2 of 3
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Minnesota) 1 of 1
Country (United States) 2 of 3
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-03 Joslyn Manufacturing Co

Chicago, Illinois, United States

Joslyn Mfg. Co., Inc. is an industrial thermoformer specializing in the design, tooling and production of plastic components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-25 Inertia Engineering

Stockton, California, United States

Inertia Engineering is a manufacturer of medium and high-voltage switchgear, automation and specialized products for the electrical power industry. Inertia Engineering was founded in 1995 and is based in Stockton, California.

Buy -