M&A Deal Summary

P Exhaust Technologies Acquires Eastern Manufacturing

On October 2, 2015, P Exhaust Technologies acquired distribution company Eastern Manufacturing

Acquisition Highlights
  • This is P Exhaust Technologies’ 1st transaction in the Distribution sector.
  • This is P Exhaust Technologies’ 3rd transaction in the United States.
  • This is P Exhaust Technologies’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2015-10-02
Target Eastern Manufacturing
Sector Distribution
Buyer(s) P Exhaust Technologies
Deal Type Add-on Acquisition
Advisor(s) Angle Advisors (Financial)
Stradley Ronon (Legal)

Target

Eastern Manufacturing

Langhorne, Pennsylvania, United States
Eastern Manufacturing, Inc. (dba Eastern Catalytic) is a supplier of direct fit, universal, and manifold catalytic converters for the automotive light duty aftermarket.

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Buyer(S) 1

Buyer

P Exhaust Technologies

Goldsboro, North Carolina, United States

Category Company
Founded 1927
Sector Automotive
DESCRIPTION

P Exhaust Technologies LLC is a provider in exhaust and emissions products -- mufflers, exhaust pipes, catalytic converters and components. It also manufactures a complete line of original replacement and performance exhaust and emissions products for automotive, light truck, heavy-duty, agricultural and industrial markets.


DEAL STATS #
Overall 3 of 3
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-13 International Muffler Co.

Loudon, Tennessee, United States

International Muffler Co., Inc. is a manufacturer of replacement exhaust and emissions products marketed most notably under the IMCO®, Maremont®, and Cherry Bomb® brands.

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