M&A Deal Summary

Park-Ohio Acquires EMA

On February 29, 2024, Park-Ohio acquired business services company EMA

Acquisition Highlights
  • This is Park-Ohio’s 1st transaction in the Business Services sector.
  • This is Park-Ohio’s 1st transaction in Germany.

M&A Deal Summary

Date 2024-02-29
Target EMA
Sector Business Services
Buyer(s) Park-Ohio
Deal Type Add-on Acquisition

Target

EMA

Meckesheim, Germany
EMA is a manufacturer of induction heating equipment and converters and operates through its two locations in Meckesheim, Germany, and Beijing, China.

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Buyer(S) 1

Buyer

Park-Ohio

Cleveland, Ohio, United States

Category Company
Founded 1907
Sector Machinery
Employees6,300
Revenue 1.7B USD (2024)
DESCRIPTION

Park-Ohio is a diversified industrial holding company providing integrated supply chain management services and highly engineered products. Park-Ohio was founded in 1907 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 10 of 10
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-29 Park-Ohio - Aluminum Products Business

Cleveland, Ohio, United States

Park-Ohio's Business provides aluminum products.

Sell $53M