M&A Deal Summary

Optomec Acquires Huffman

On December 17, 2018, Optomec acquired machinery company Huffman

Acquisition Highlights
  • This is Optomec’s 1st transaction in the Machinery sector.
  • This is Optomec’s 1st transaction in the United States.
  • This is Optomec’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2018-12-17
Target Huffman
Sector Machinery
Buyer(s) Optomec
Deal Type Add-on Acquisition

Target

Huffman

Clover, South Carolina, United States
Huffman is a provider in the development and implementation of production laser cladding and welding systems, multi-axes profile grinders and abrasive waterjet machines. Huffman was founded in 1961 and is based in Clover, South Carolina.

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Buyer(S) 1

Buyer

Optomec

Albuquerque, New Mexico, United States
Category Company
Founded 1982
Sector Machinery
DESCRIPTION

Optomec, Inc. is a provider of additive manufacturing systems. Optomec’s patented Aerosol Jet Systems for printed electronics and LENS 3D Printers for metal components are used by industry to reduce product cost and improve performance. Optomec, Inc. was founded in 1982 and is based in Albuquerque, New Mexico.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
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