.
MergerLinks Header Logo

New Deal


Announced

Completed

ASC Engineered Solutions completed the acquisition of Ward Manufacturing from Proterial.

Financials

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

Tags

Edit

Single Bidder

Acquisition

Domestic

Private

Completed

United States

contract manufacturer

Specialty Contracting

Majority

Friendly

Synopsis

Edit

ASC Engineered Solutions, a provider of flow management solutions, completed the acquisition of Ward Manufacturing, a contract manufacturer providing metal stamping services, from Proterial, a manufacturer of iron and metals. Financial terms were not disclosed. “Ward has a well-earned, strong reputation for rigorous quality control and reliable customer service – key attributes that we greatly value at ASC. The addition of Ward’s complementary products strengthens ASC’s core portfolio and enables us to bring the productivity-enhancing WARDFlex solutions to our customers. More broadly, this latest acquisition further advances our strategy to build ASC into a world-class, comprehensive solutions provider for our target markets," Jason Hild, ASC CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US