M&A Deal Summary

Starrett Acquires Tru-Stone Technologies

On August 25, 2006, Starrett acquired metals/mining company Tru-Stone Technologies

Acquisition Highlights
  • This is Starrett’s 1st transaction in the Metals/Mining sector.
  • This is Starrett’s 1st transaction in the United States.
  • This is Starrett’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2006-08-25
Target Tru-Stone Technologies
Sector Metals/Mining
Buyer(s) Starrett
Deal Type Add-on Acquisition

Target

Tru-Stone Technologies

Waite Park, Minnesota, United States
Tru-Stone Technologies, Inc. is a provides solutions in precision granite, ceramic, carbon fiber, and other mediums for use in precision metrology applications.

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Buyer(S) 1

Buyer

Starrett

Athol, Massachusetts, United States

Category Company
Founded 1880
Sector Manufacturing
Revenue 256M USD (2023)
DESCRIPTION

Starrett is a manufacturer of high-end precision tools, cutting equipment, and metrology systems, and is engaged in the business of manufacturing over 5,000 different products for industrial, professional, and consumer markets. The Company has a history of global manufacturing experience and currently operates four major global manufacturing plants. All subsidiaries principally serve the global manufacturing industrial base with a concentration in the metalworking, construction, machinery, equipment, aerospace, and automotive markets. The Company offers its broad array of measuring and cutting products to the market through multiple channels of distribution throughout the world. Starrett was founded in 1880 and is based in Athol, Massachusetts.


DEAL STATS #
Overall 1 of 3
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Minnesota) 1 of 1
Country (United States) 1 of 3
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-08 Kinemetric Engineering

Laguna Hills, California, United States

Kinemetric Engineering LLC specializes in precision video-based metrology, specialty motion devices, and custom engineered systems for measurement and inspection.

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