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Core Industrial Partners Portfolio Company Cadrex Acquires Idl Precision Machining

PRIVATESep 20, 2022

Acquiring Company

Cadrex Manufacturing Solutions

Acquired Company

Idl Precision Machining

ManufacturingManufacturingAerospace

Description

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of IDL Precision Machining (“IDL” or the “Company”), an engineering-focused manufacturer of highly complex precision components and assemblies primarily for the aerospace & defense end market, by CORE portfolio company Cadrex Manufacturing Solutions (“Cadrex”).

Quick answer

Cadrex Manufacturing Solutions is acquiring Idl Precision Machining, announced September 20, 2022.

How much did Cadrex Manufacturing Solutions pay for Idl Precision Machining?
The deal value was not disclosed.
What does Cadrex Manufacturing Solutions do?
Cadrex is a leading provider of complex sheet metal and machined production parts, assemblies, and weldments for a variety of end markets, including aerospace & defense, information communication technology, energy..

Source: Fundz verified event record.

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Company Information

Company

Cadrex Manufacturing Solutions

Location

Roundhouse Rd

About

Cadrex is a leading provider of complex sheet metal and machined production parts, assemblies, and weldments for a variety of end markets, including aerospace & defense, information communication technology, energy transmission & distribution, food production & agriculture, medical, material handling and electronic gaming & kiosk. With locations in eight states and Mexico, Cadrex offers comprehensive in-house manufacturing capabilities, including laser cutting, sheet metal fabrication, injection molding, electromechanical assembly, CNC punching, CNC machining, robotic welding, stamping, fastener insertion, and tool and die manufacturing, to effectively serve customers with lights-out manufacturing capabilities from low- through high-volume production. For more information, visit www.cadrex.com.

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Frequently asked

Who acquired Idl Precision Machining?

Idl Precision Machining was acquired by Cadrex Manufacturing Solutions. The deal was reported on September 20, 2022. Cadrex Manufacturing Solutions is privately held and operates in Manufacturing.

When did Cadrex Manufacturing Solutions acquire Idl Precision Machining?

Cadrex Manufacturing Solutions's acquisition of Idl Precision Machining was reported on September 20, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Idl Precision Machining do?

IDL is an engineering-focused manufacturer of highly complex precision components and assemblies primarily for the aerospace & defense end market. It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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