Fundz

Core Industrial Partners Portfolio Company Acquires Stanfordville Machine & Manufacturing

PRIVATEJan 11, 2023

Acquiring Company

CGI Automated Manufacturing

Acquired Company

Stanfordville Machine & Manufacturing

ManufacturingManufacturing

Description

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Stanfordville Machine & Manufacturing (“Stanfordville” or the “Company”), a supplier of precision machined components and assemblies, by CORE portfolio company RE3DTECH (“RE3DTECH”).

Quick answer

CGI Automated Manufacturing is acquiring Stanfordville Machine & Manufacturing, announced January 11, 2023.

How much did CGI Automated Manufacturing pay for Stanfordville Machine & Manufacturing?
The deal value was not disclosed.
What does CGI Automated Manufacturing do?
Founded in 1950, GEM Manufacturing (“GEM”) is a provider of precision deep drawn metal components and mechanical assemblies for a variety of end markets, including electric vehicle, mining, aerospace & defense and..

Source: Fundz verified event record.

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Company Information

Company

CGI Automated Manufacturing

About

Founded in 1950, GEM Manufacturing (“GEM”) is a provider of precision deep drawn metal components and mechanical assemblies for a variety of end markets, including electric vehicle, mining, aerospace & defense and industrials. Headquartered in Waterbury, Connecticut, with a facility in Vietnam, GEM offers vertical transfer and progressive die press stamping as well as CNC and wire electrical discharge machining to manufacture high-precision components from prototyping through high-volume production. For more information, visit www.gemmfg.com.

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Frequently asked

Who acquired Stanfordville Machine & Manufacturing?

Stanfordville Machine & Manufacturing was acquired by CGI Automated Manufacturing. The deal was reported on January 11, 2023. CGI Automated Manufacturing is privately held and operates in Manufacturing.

When did CGI Automated Manufacturing acquire Stanfordville Machine & Manufacturing?

CGI Automated Manufacturing's acquisition of Stanfordville Machine & Manufacturing was reported on January 11, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Stanfordville Machine & Manufacturing do?

Stanfordville offers CNC machining and assembly services to a variety of end markets, including semiconductor, medical, aerospace & defense, electronics, instrumentation, and packaging. It is privately held, operating in Manufacturing.

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