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  6. Precinmac Precision Machining Acquires Petersen

M&A Deal Summary

Precinmac Precision Machining Acquires Petersen

On April 4, 2022, Precinmac Precision Machining acquired metals/mining company Petersen

Acquisition Highlights
  • This is Precinmac Precision Machining’s 1st transaction in the Metals/Mining sector.
  • This is Precinmac Precision Machining’s 4th transaction in the United States.
  • This is Precinmac Precision Machining’s 1st transaction in Utah.

M&A Deal Summary
Date 2022-04-04
Target Petersen
Sector Metals/Mining
Buyer(s) Precinmac Precision Machining
Deal Type Add-on Acquisition
Advisor(s) Stout (Financial)
Polsinelli (Legal)

Target

Petersen

Ogden, Utah, United States
Petersen is a provider of industrial products and services that serves the aerospace, defense, entertainment, industrial, mining, nuclear, and petrochemical industries with a diversified range of specialized fabrication, precision machining, and advanced manufacturing services. Petersen was founded in 1961 and is based in Ogden, Utah.

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Buyer(S) 1

Buyer

Precinmac Precision Machining

South Paris, Maine, United States
Category Company
Sector Manufacturing
DESCRIPTION

Precinmac Precision Machining is a manufacturer of high tolerance precision machined components and assemblies. The company formulates cost-saving alternatives to current production and sourcing methods by offering a single-source solution for precise, high-quality, flexible, and on-time manufacturing to top-tier customers globally. Precinmac Precision Machining is based in South Paris, Maine.

DEAL STATS #
Overall 5 of 5
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: Utah M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Major Tool & Machine

Indianapolis, Indiana, United States

Major Tool & Machine provides design for manufacturing assistance and supports both manufacturing engineering as well as contract manufacturing. Major Tool & Machine was founded in 1946 and is based in Indianapolis, Indiana.

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