M&A Deal Summary

Thermex-Thermatron Acquires JTE Machine Systems

On January 19, 2021, Thermex-Thermatron acquired machinery company JTE Machine Systems

Acquisition Highlights
  • This is Thermex-Thermatron’s 1st transaction in the Machinery sector.
  • This is Thermex-Thermatron’s 1st transaction in the United States.
  • This is Thermex-Thermatron’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-01-19
Target JTE Machine Systems
Sector Machinery
Buyer(s) Thermex-Thermatron
Deal Type Add-on Acquisition

Target

JTE Machine Systems

Orange Park, Florida, United States
JTE Machine Systems, Inc. designs and programs are focused on safety and the most intuitive HMI (Human Machine Interface) available, surpassing comparable alternatives, while ensuring scalability and upgradability. JTE Machine Systems was founded in 1999 and is based in Orange Park, Florida.

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Buyer(S) 1

Buyer

Thermex-Thermatron

Louisville, Kentucky, United States
Category Company
Founded 1939
Sector Electrical Equipment
DESCRIPTION

Thermex-Thermatron is a designer and manufacturer of high power RF and microwave heating equipment. Thermex-Thermatron was founded in 1939 and is based in Louisville, Kentucky.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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