Announced
Completed
Synopsis
Arsenal Capital Partners-backed Fralock, an engineering and manufacturing provider of specialty material solutions, completed the acquisition of Career Technologies USA, a provider of engineering and manufacturing solutions. Financial terms were not disclosed. "Our strategic customers will benefit from the combined capabilities of Fralock and Career Technologies. We continue to build our platform for delivering engineered solutions of specialty materials for applications in technically challenging and severe environments, which our customers depend on. The addition of Career Technologies gives us significant additional capabilities as well as increases our strong position in our core markets," Marc Haugen, Fralock CEO.
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