Diversified manufacturer Cretex Companies, Elk River, MN, has acquired Meier Tool & Engineering, Anoka, MN. Terms of the acquisition were not disclosed.
Meier manufactures miniature and micro-sized stamped components and sub-assemblies for the medical, aerospace and defense, and specialty electronics markets. Meier will become part of Cretex’s Commerical Products Group. Founder Richard Meier and the established management team will continue with the acquired company.
Cretex employs about 2,000 people in 10 states.
Cretex Co. Buys Meier Tool & Engineering
Diversified manufacturer Cretex Companies, Elk River, MN, has acquired Meier Tool & Engineering, Anoka, MN. Terms of the acquisition were not disclosed.
Meier manufactures miniature and micro-sized stamped components and sub-assemblies for the medical, aerospace and defense, and specialty electronics markets. Meier will become part of Cretex's Commerical Products Group. Founder Richard Meier and the established management team will continue with the acquired company.
Cretex employs about 2,000 people in 10 ...
Share this article
- Filed In: Top Distributor Sectors, Subscriber Only, News, Mergers & Acquisitions, Free, Finance, Electrical
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.