M&A Deal Summary

Precision Products Group Acquires Saylor Technical Products

On March 21, 2023, Precision Products Group acquired manufacturer Saylor Technical Products

Acquisition Highlights
  • This is Precision Products Group’s 2nd transaction in the Manufacturing sector.
  • This is Precision Products Group’s 2nd transaction in the United States.
  • This is Precision Products Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2023-03-21
Target Saylor Technical Products
Sector Manufacturing
Buyer(s) Precision Products Group
Deal Type Add-on Acquisition

Target

Saylor Technical Products

Grand Rapids, Michigan, United States
Saylor Technical Products manufactures sleeving, loom, specialty cords and specialty tapes for the antique auto, aerospace, wire and cable, and electrical markets. Saylor began as a manufacturer of a flexible, non-metallic, wire and hose protection (sleeving and loom) and has since expanded into specialty cords and tapes. Saylor primarily serves the antique auto, aerospace, wire and cable and electrical markets.

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Buyer(S) 1

Buyer

Precision Products Group

College Park, Maryland, United States
Category Company
Founded 1980
Sector Manufacturing
DESCRIPTION

Precision Products Group with operations in the U.S and China is the parent company of Paramount Tube (Paramount) and Euclid Medical Products (Euclid). PPG is a manufacturer of precision tube and spring products for automotive, electrical insulation, medical and pharmaceutical, specialty packaging, and many other industrial and consumer products. Precision Products Group was founded in 1980 and is based in College Park, Maryland.

DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-23 Breyden Products

Columbia City, Indiana, United States

Breyden Products is a manufacture of a complete line of military specification lacing tapes, twines and cords. We also produce a variety of commercial grade lacing and tying materials along with a broad range of sleevings and braiding yarns utilized in the aircraft/aerospace and wire harnessing industries.

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