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  6. TFX Marine Acquires Detwiler Industries

M&A Deal Summary

TFX Marine Acquires Detwiler Industries

On February 23, 2012, TFX Marine acquired metals/mining company Detwiler Industries from MarineTech Products

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

M&A Deal Summary
Date 2012-02-23
Target Detwiler Industries
Sector Metals/Mining
Buyer(s) TFX Marine
Sellers(s) MarineTech Products
Deal Type Divestiture

Target

Detwiler Industries

Saint Paul, Minnesota, United States
Detwiler Industries, LLC engages in the manufacturing of hydraulic jack plates.

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Buyer(S) 1

Buyer

TFX Marine

Hagerstown, Maryland, United States
Category Company
Sector Marine
DESCRIPTION

TFX Marine Inc. provides marine equipment for sports and leisure boats.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

MarineTech Products

Vadnais Heights, Minnesota, United States
Category Company
Founded 2000
Sector Marine
DESCRIPTION

MarineTech Products prides itself on producing high-quality products at a fair price. MarineTech offer a vast selection of marine accessories and specific needs related to outboard motor solutions, electronics mounts, anchoring solutions and unique security locks.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1
Mergr

Product

Company

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