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  6. Nita Acquires Shorewood

M&A Deal Summary

Nita Acquires Shorewood

On July 10, 2024, Nita acquired machinery company Shorewood

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

M&A Deal Summary
Date 2024-07-10
Target Shorewood
Sector Machinery
Buyer(s) Nita
Deal Type Add-on Acquisition

Target

Shorewood

Waconia, Minnesota, United States
Shorewood designs and manufactures pressure-sensitive labeling systems. The company's systems are installed worldwide in some of the most demanding applications. Shorewood was formed in 1988 and is based in Waconia, Minnesota.

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Buyer(S) 1

Buyer

Nita

Terrebonne, Quebec, Canada
Category Company
Founded 1990
Sector Machinery
DESCRIPTION

Nita is a manufacturer of the most technologically advanced and intuitive labeling systems. The company uses simplified architecture and off-the-shelf electronics in order to make its machines more robust and easier to maintain. Nita was founded in 1990 and is based in Terrebonne, Quebec.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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