Announced

CORE Industrial Partners-backed Incodema to acquire Majestic Metals.

Synopsis

Incodema, a portfolio company of private equity firm CORE Industrial Partners, agreed to acquire Majestic Metals, a provider of precision sheet metal fabrication services. Financial terms were not disclosed. “Majestic Metals is a natural fit for us as they have similar precision metal fabrication capabilities including cutting, forming, and welding, but at a larger part scale. Furthermore, Majestic Metals brings incremental abilities to the group, including state-of-the-art automation, powder coating and screen printing. I look forward to working closely with the Roberts brothers and the Majestic Metals team in the future," Carey Chen, Incodema CEO.

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