M&A Deal Summary

Shingle & Gibb Automation Acquires New England Drives & Controls

On August 2, 2022, Shingle & Gibb Automation acquired machinery company New England Drives & Controls

Acquisition Highlights
  • This is Shingle & Gibb Automation’s 1st transaction in the Machinery sector.
  • This is Shingle & Gibb Automation’s 2nd transaction in the United States.
  • This is Shingle & Gibb Automation’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2022-08-02
Target New England Drives & Controls
Sector Machinery
Buyer(s) Shingle & Gibb Automation
Deal Type Add-on Acquisition

Target

New England Drives & Controls

Southington, Connecticut, United States
New England Drives & Controls provide advanced automation and control solutions to OEMs, industrial users, and system integrators. New England Drives & Controls was founded in 1937 and is based in Southington, Connecticut.

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Buyer(S) 1

Buyer

Shingle & Gibb Automation

Moorestown, New Jersey, United States

Category Company
Founded 1933
Sector Technology Hardware
DESCRIPTION

Shingle & Gibb Automation provides advanced automation and control solutions to industrial users and original equipment manufacturers (OEMs). Shingle & Gibb Automation was founded in 1933 and is based in Moorestown, New Jersey.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Connecticut M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-02 KOM Automation

Amherst, New York, United States

KOM Automation, Inc. is a distributor of high tech factory automation hardware and software. The company provides superior levels of service to customers in the form of support before, during and after the sale. KOM Automation was formed in 1964 and is based in Amherst, New York.

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