Announced

CORE Industrial-backed CGI to acquire DFF.

Synopsis

CORE Industrial-backed CGI, a provider of complex sheet metal and machined production parts, assemblies, and weldments, agreed to acquire DFF, a contract manufacturer specializing in medium-to-high volume production of precision machined components and electromechanical assembly products. Financial terms were not disclosed. “DFF is a scaled, design and engineering-driven manufacturing services provider with a strong track record of growth. In addition to roughly doubling the platform’s footprint, this transformational addition provides significant strategic value, including deeper penetration into attractive end markets and a complementary East Coast location to broaden national reach," Matthew Puglisi, CORE Partner.

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