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  6. Taylor Precision Products Acquires Springfield Precision Instruments

M&A Deal Summary

Taylor Precision Products Acquires Springfield Precision Instruments

On January 13, 2010, Taylor Precision Products acquired test/measurement equipment company Springfield Precision Instruments

Acquisition Highlights
  • This is Taylor Precision Products’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Taylor Precision Products’ 1st transaction in the United States.
  • This is Taylor Precision Products’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2010-01-13
Target Springfield Precision Instruments
Sector Test/Measurement Equipment
Buyer(s) Taylor Precision Products
Deal Type Add-on Acquisition

Target

Springfield Precision Instruments

Wood Ridge, New Jersey, United States
Springfield Precision Instruments is a manufacturer of indoor and outdoor thermometers, barometers, timers and clocks. The business was acquired from Sunbeam Corporation, having been identified by Al Dunlop as a non-appliance business that was to be divested.

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Buyer(S) 1

Buyer

Taylor Precision Products

Oak Brook, Illinois, United States
Category Company
Founded 1851
Sector Consumer Products
DESCRIPTION

Taylor Precision Products is a provider of a wide range of consumer and foodservice precision measurement products, including kitchen scales, thermometers, and timers bath scales, and outdoor weather measurement products, under a variety of owned and licensed brand names including Taylor, Homedics, and Salter.

DEAL STATS #
Overall 1 of 3
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2010 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-13 Metrokane

Reno, Nevada, United States

Metrokane, Inc. is a provider of wine accessories and barware—including corkscrews, decanters, aerators, wine preservers, cocktail shakers, citrus juicers and bar tools.

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