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  6. MEGTEC Systems Acquires Ross Air Systems

M&A Deal Summary

MEGTEC Systems Acquires Ross Air Systems

On March 3, 2009, MEGTEC Systems acquired machinery company Ross Air Systems

Acquisition Highlights
  • This is MEGTEC Systems’ 1st transaction in the Machinery sector.
  • This is MEGTEC Systems’ 1st transaction in the United States.
  • This is MEGTEC Systems’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2009-03-03
Target Ross Air Systems
Sector Machinery
Buyer(s) MEGTEC Systems
Deal Type Add-on Acquisition

Target

Ross Air Systems

Somerville, New Jersey, United States
Ross Air Systems manufactures complete web process lines including industrial dryers and ovens, coaters, material handling equipment, air pollution control and heat recovery equipment.

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Buyer(S) 1

Buyer

MEGTEC Systems

De Pere, Wisconsin, United States
Category Company
Founded 1997
Sector Machinery
DESCRIPTION

MEGTEC Systems, Inc. is a provider of an exhaust-air purification systems and dryers and coating systems for the production of electrodes for lithium-ion batteries. MEGTEC Systems was founded in 1997 and is based in De Pere, Wisconsin.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
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