M&A Deal Summary

Norican Group Acquires Simpson Technologies

On October 6, 2022, Norican Group acquired machinery company Simpson Technologies

Acquisition Highlights
  • This is Norican Group’s 1st transaction in the Machinery sector.
  • This is Norican Group’s 1st transaction in the United States.
  • This is Norican Group’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-10-06
Target Simpson Technologies
Sector Machinery
Buyer(s) Norican Group
Deal Type Add-on Acquisition

Target

Simpson Technologies

Aurora, Illinois, United States
Simpson Technologies is a family business specializing in the design and production of advanced process technologies and services for the global metal casting and chemical process industries. Its primary products include batch and continuous high-intensity mixing equipment, molding sand coolers, on-line mixer control & automation systems, core sand preparation systems, foundry sand reclamation systems, and sand laboratory instrumentation. Simpson Technologies was formed in 1912 and is based in Aurora, Illinois.

Search 214,557 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Norican Group

Taastrup, Denmark

Category Company
Founded 2008
Sector Machinery
Revenue 504M EUR (2019)
DESCRIPTION

Norican Group designs, manufactures, distributes, installs and maintains a wide range of moulding and surface preparation solutions, including standard and custom tailored stationary moulding, wheel-blast and air-blast systems, and related replacement parts and aftermarket services. Norican Group was founded in 2008 and is based in Taastrup, Denmark.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 Light Metal Casting Solutions Group

Gummersbach, Germany

Light Metal Casting Solutions Group is a capital equipment manufacturers and service providers for the light metal casting industry, processing Aluminum, Magnesium and Zinc alloys.

Buy -