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New Deal


Announced

ESP to acquire Weksler Glass Thermometer Corporation.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Single Bidder

specialty instruments

temperature and pressure instruments

Friendly

Pending

Majority

Machinery: Specialty

Private

Synopsis

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Engineered Specialty Products, a global manufacturer of quality pressure and temperature instruments, agreed to acquire Weksler Glass Thermometer Corporation, a premier provider of high-quality temperature and pressure instruments for the HVAC market. Financial terms were not disclosed. With a product base that provides a natural extension to ESP's strong pressure focus, the acquisition creates significant opportunity to drive additional products through WGTC's existing distribution network while providing additional support and expertise to WGTC's customer network.

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