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New Deal


Announced

The Massman Companies to acquire New England Machinery.

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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Private

Domestic

Friendly

United States

Single Bidder

Acquisition

packaging equipment

Majority

Machinery: Specialty

Pending

Synopsis

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The Massman Companies, a producer of automated packaging equipment, agreed to acquire New England Machinery, a manufacturer of packaging equipment. Financial terms were not disclosed. “NEM and Massman share common company family values focused on customer success, employee wellness, community, and long-term business growth. We welcome all the NEM employees and customers to The Massman Companies and look forward to many future successes," Jeffrey Hohn, The Massman Companies President and CEO.

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