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Drt Holdings Announces Acquisition Of Custom Machining Corporation

PRIVATESep 11, 2023

Acquiring Company

Drt Holdings

Acquired Company

Custom Machining Corporation

ManufacturingManufacturingPrecious Metals

Description

DRT Holdings, LLC ("DRT"), which provides specialized manufacturing solutions to the metal packaging, aerospace, and precision industrial segments, announced today that it has acquired Custom Machining Corporation ("CMC" or the "Company"). CMC is a leading provider of high-speed, high-precision liner systems and parts for metal packaging applications serving the end markets for food, beverage and household products. Terms of the transaction were not disclosed. DRT is a portfolio company of Mill Rock Capital, a growth- and operations-oriented private investment firm that invests in well-positioned middle-market businesses in North America.

Quick answer

Drt Holdings is acquiring Custom Machining Corporation, announced September 11, 2023.

How much did Drt Holdings pay for Custom Machining Corporation?
The deal value was not disclosed.
What does Drt Holdings do?
Founded in 1949 as the Dayton Reliable Tool & Mfg.

Source: Fundz verified event record.

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Company Information

Company

Drt Holdings

About

Founded in 1949 as the Dayton Reliable Tool & Mfg. Co., DRT Holdings, LLC. is a manufacturer and supplier of precision tools and specialized components to a wide variety of end markets organized in three business segments: Metal Packaging, Aerospace, and Precision. The Metal Packaging segment is the original developer of easy-open ("pull-top") ends principally used in food and beverage cans and continues to be one of the world's leading providers of equipment, aftermarket parts, and services utilized in can and end production. Aerospace is a manufacturer of precision-machined parts for commercial and military aircraft, commercial space and land-based industrial gas turbine engines. Precision makes components for various industries, including medical imaging equipment, plastic injection molding and building products. DRT provides value-added services to supplement its core precision machining capabilities, including extensive engineering resources and design-for-manufacturability capabilities, go-to-market support and systems integration. The company currently operates ten locations in the United States and Europe. For more information, please visit https://drtholdingsllc.com/ .

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Frequently asked

Who acquired Custom Machining Corporation?

Custom Machining Corporation was acquired by Drt Holdings. The deal was reported on September 11, 2023. Founded in 1949 as the Dayton Reliable Tool & Mfg. Co., DRT Holdings, LLC. Drt Holdings is privately held and operates in Manufacturing.

When did Drt Holdings acquire Custom Machining Corporation?

Drt Holdings's acquisition of Custom Machining Corporation was reported on September 11, 2023. DRT Holdings, LLC ("DRT"), which provides specialized manufacturing solutions to the metal packaging, aerospace, and precision industrial segments, announced today that it has acquired Custom Machining Corporation ("CMC" or the "Company"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Custom Machining Corporation do?

Custom Machining Corporation specializes in manufacturing high-speed automation machinery serving the metal packaging market with high-precision solutions. Based in Denver, CO CMC has been a trusted partner to the metal packaging industry since 2002. It is privately held, operating in Manufacturing.

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