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  6. Sak Abrasives Acquires Jowitt & Rodgers

M&A Deal Summary

Sak Abrasives Acquires Jowitt & Rodgers

On May 10, 2023, Sak Abrasives acquired manufacturer Jowitt & Rodgers

Acquisition Highlights
  • This is Sak Abrasives’ 2nd transaction in the Manufacturing sector.
  • This is Sak Abrasives’ 2nd transaction in the United States.
  • This is Sak Abrasives’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-05-10
Target Jowitt & Rodgers
Sector Manufacturing
Buyer(s) Sak Abrasives
Deal Type Add-on Acquisition

Target

Jowitt & Rodgers

Philadelphia, Pennsylvania, United States
Jowitt & Rodgers is a manufacturer of resin bonded grinding wheels, discs and segments. The company has been a fourth generation family owned and family run business with a fully equipped manufacturing plant. Its products are used in the production of automotive parts, bearings, cutlery and hand tools. Jowitt & Rodgers was formed in 1951 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Sak Abrasives

Mumbai, India
Category Company
Founded 1997
Sector Manufacturing
DESCRIPTION

Sak Abrasives, Inc. is a division of Sak Industries Private Limited producer of bonded, coated and super abrasive products. Sak Abrasives was founded in 1997 and is based in Mumbai, India.

DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-19 Buffalo Abrasives

Buffalo, New York, United States

Buffalo Abrasives, Inc. is a US based manufacturer of resin bonded grinding wheels. Buffalo Abrasives was founded in 1988 and is based in Buffalo, New York.

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