M&A Deal Summary |
|
|---|---|
| Date | 2013-10-31 |
| Target | Gas-Arc Group |
| Sector | Manufacturing |
| Buyer(s) | Victor Technologies International |
| Deal Type | Add-on Acquisition |
| Deal Value | 40M USD |
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| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Machinery |
Victor Technologies is designer and manufacturer of branded cutting and welding products and accessories. The company competes globally in six product categories - gas equipment, arc accessories, plasma cutting systems, welding equipment, filler metals, and hardfacing alloys - under a number of premium brand names, including Victor, Tweco, Arcair, Thermal Dynamics, Thermal Arc, Stoody, and Cigweld.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| Country (United Kingdom) | 1 of 1 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-13 |
Robotronic Oy
Tampere, Finland ProMotion Controls, Inc. is a maker of advanced, intelligent CNC controllers used in shape-cutting machines (together with Robotronic Oy, 'ProMotion Controls'). ProMotion Controls specializes in PC-based shape-cutting controls, nesting software, torch height controls and associated products for new and retrofit cutting systems that use plasma, oxy-fuel, laser, water-jet or router technology. ProMotion Controls, with operations in Medina, Ohio, is the U.S. subsidiary of Robotronic, with operations in Tampere, Finland. |
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