M&A Deal Summary

Trifast Acquires Precision Technology Supplies

On April 5, 2018, Trifast acquired machinery company Precision Technology Supplies for 9M GBP

Acquisition Highlights
  • This is Trifast’s 1st transaction in the Machinery sector.
  • This is Trifast’s 0th largest (disclosed) transaction.
  • This is Trifast’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-04-05
Target Precision Technology Supplies
Sector Machinery
Buyer(s) Trifast
Deal Type Add-on Acquisition
Deal Value 9M GBP

Target

Precision Technology Supplies

East Grinstead, United Kingdom
website
Precision Technology Supplies Ltd. is a highly regarded distributor of stainless steel industrial fastenings and precision turned parts, primarily to the electronics, medical instruments, petrochemical, defence and robotics sectors. Its emphasis is on delivering high quality products and services, currently selling into c. 80 countries directly through its well-established distributor network, as well as digitally through its newly developed, fully integrated commercial website which lists over 43,000 products for sale.

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Buyer(S) 1

Buyer

Trifast

Uckfield, United Kingdom

website

Category Company
Founded 1973
Sector Machinery
Employees1,350
Revenue 219M GBP (2022)
DESCRIPTION

Trifast is an international specialist in the engineering, manufacturing and distribution of high quality industrial fastenings to major global assembly industries. Company are a 24/7 'full service provider' offering 'end-to-end' support to all customers. Company success and ongoing growth is based on a unique mix of high quality manufacturing, sourcing know-how and adaptable, reliable global logistics. Key sectors are automotive, domestic appliances, electronics and distributors. Trifast was founded in 1973 and is based in Uckfield, the United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1
Mergr

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