M&A Deal Summary

Mestek Acquires Met-Coil Systems

On June 1, 2000, Mestek acquired machinery company Met-Coil Systems

Acquisition Highlights
  • This is Mestek’s 1st transaction in the Machinery sector.
  • This is Mestek’s 1st transaction in the United States.
  • This is Mestek’s 1st transaction in Iowa.

M&A Deal Summary

Date 2000-06-01
Target Met-Coil Systems
Sector Machinery
Buyer(s) Mestek
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)

Target

Met-Coil Systems

Cedar Rapids, Iowa, United States
Met-Coil manufactures advanced sheet metal forming equipment, fabricating machinery and automated fabrication systems for the global market.

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Buyer(S) 1

Buyer

Mestek

Westfield, Massachusetts, United States

Category Company
Founded 1898
Sector Manufacturing
Revenue 329M USD (2017)
DESCRIPTION

Mestek is a diversified manufacturer of heating, ventilation and air-conditioning equipment, metal hose and hose products, aluminum extrusions, sheet metal processing machinery and business software solutions. Mestek was founded in 1898 and is based in Westfield, Massachusetts.


DEAL STATS #
Overall 1 of 2
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 2
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 KING

Owatonna, Minnesota, United States

KING is a world in the production of specialized air handling and conditioning equipment serving critical process industries (primarily food processing) and other diverse industrial end-markets.

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