LFM Capital-backed Weller Metalworks acquires DROP Sprockets, Inc. to enhance manufacturing capabilities
Acquiring Company
Weller Metalworks
Acquired Company
DROP Sprockets
South SlocanManufacturingPrecious MetalsManufacturingDescription
AEA Investors' Private Debt group provided mezzanine notes and an equity co-investment in support of LFM Capital-backed Weller Metalworks' acquisition of DROP Sprockets, Inc. This strategic acquisition enhances Weller Metalworks' manufacturing capabilities and product offering, positioning the company for continued growth and success.
Quick answer
Weller Metalworks is acquiring DROP Sprockets, announced September 26, 2024.
- How much did Weller Metalworks pay for DROP Sprockets?
- The deal value was not disclosed.
- What does Weller Metalworks do?
- Weller Metalworks is a best-in-class metal fabrication, stamping, and precision machining company that provides components to customers around the world.
- Where are Weller Metalworks and DROP Sprockets based?
- DROP Sprockets is based in South Slocan, British Columbia, Canada.
- Who are the decision-makers at Weller Metalworks?
- Fundz holds 1 contact at Weller Metalworks. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Precious Metals and Manufacturing
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Gleco Plating completes acquisition of 3-D Powder Coating to expand surface finishing capabilities (August 27, 2024)
- AMPCO METAL completes acquisition of Schmelzmetall Group to enhance customer offerings (November 6, 2024)
- Assa Abloy completes acquisition of American Lawrence Doors to enter the fast-growing steel roll-up door market (November 6, 2024)
- Cleveland-Cliffs completes acquisition of Stelco Holdings Inc. to strengthen steel industry presence (November 1, 2024)
- Standex International Corporation acquires Amran Instrument Transformers and Narayan Powertech Pvt. Ltd. in landmark transactions (October 29, 2024)
- Silver Towne Mint (AM&ST Associates, LLC) Acquires Assets of Regency Mint Manufacturing (October 14, 2024)
Who to call at Weller Metalworks, and when
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired DROP Sprockets?
DROP Sprockets was acquired by Weller Metalworks. The deal was reported on September 26, 2024. Weller Metalworks is a best-in-class metal fabrication, stamping, and precision machining company that provides components to customers around the world. Weller Metalworks is privately held and operates in Manufacturing.
When did Weller Metalworks acquire DROP Sprockets?
Weller Metalworks's acquisition of DROP Sprockets was reported on September 26, 2024. AEA Investors' Private Debt group provided mezzanine notes and an equity co-investment in support of LFM Capital-backed Weller Metalworks' acquisition of DROP Sprockets, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DROP Sprockets do?
DROP Sprockets, Inc. is a leading manufacturer of high-quality, customizable made-to-order sprockets used in all applications. It provides complementary resources, systems, and expertise, enabling Weller to offer a broader solution set for customers. It is privately held, operating in Manufacturing, and is based in South Slocan.
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