M&A Deal Summary

MCE Acquires Romanoff

On July 1, 2024, MCE acquired manufacturer Romanoff

Acquisition Highlights
  • This is MCE’s 1st transaction in the Manufacturing sector.
  • This is MCE’s 23rd transaction in the United States.
  • This is MCE’s 3rd transaction in Ohio.

M&A Deal Summary

Date 2024-07-01
Target Romanoff
Sector Manufacturing
Buyer(s) MCE
Deal Type Add-on Acquisition

Target

Romanoff

Toledo, Ohio, United States
Romanoff distributes new, used, and refurbished electric motors to end-users and resellers across the US. Romanoff is based in Toledo, Ohio.

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Buyer(S) 1

Buyer

MCE

Zelienople, Pennsylvania, United States

Category Company
Founded 1951
Sector Distribution
DESCRIPTION

MCE is an industrial distributor of branded motion and control systems specializing in connectors, hydraulics and pneumatics. MCE was founded in 1951 and is based in Zelienople, Pennsylvania.


DEAL STATS #
Overall 23 of 25
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 22 of 24
State (Ohio) 3 of 3
Country (United States) 23 of 25
Year (2024) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Ives Equipment

King of Prussia, Pennsylvania, United States

Ives Equipment is a distributor of process valves and instrumentation products throughout the Mid-Atlantic, including valves, regulators, wireless products, flow meters, pressure gauges, control products, level instrumentation, sanitary products, temperature instruments, analytical products, electric heat trace, and biopharmaceutical products. Ives Equipment was founded in 1954 and is based in King of Prussia, Pennsylvania.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-02 Air Automation Engineering

Minneapolis, Minnesota, United States

Air Automation Engineering distributes automation products and automated tooling solutions to end-users and OEMs across the Upper Midwest. The Company also offers a wide range of value-added solutions including robotic, PLC, and DC tool programming; calibration; and electric, pneumatic, and DC assembly tool repair, and is a factory-authorized service center for Epson robots. Air Automation Engineering was formed in 1978 and is based in Minneapolis, Minnesota.

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