Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sat., Apr. 27, 8:12 PM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
Slide #32. NN, Inc. — Assets of V-S Industries
Acquirer: |
NN, Inc. (NASDAQ:NNBR) |
Acquiree: |
Assets of V-S Industries |
Details: |
NN, Inc. (Nasdaq: NNBR) today announced that it has completed the acquisition of the assets of V-S Industries. V-S Industries is a privately held manufacturer of precision metal components with operations in Wheeling, Illinois and Juarez, Mexico. The acquisition of V-S will provide NN with a complementary, but broader product offering and will allow penetration into adjacent markets. Financial terms of the deal were not disclosed. |
NN is an industrial company that designs and manufactures metal and plastic components and assemblies for a variety of end markets. Co.'s mobile solutions segment focuses on growth in the automotive and general industrial end markets. Co.'s power solutions segment is focused on growth in the electrical, general industrial, automotive, aerospace, defense, and medical end markets. Within this group Co. combines materials science capabilities with engineering and production capabilities to design and manufacture a range of metal and plastic components, assemblies, and finished devices used in applications ranging from power control to flight control and for military devices.
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Company Name: |
NN, Inc |
Website: |
www.nninc.com |
Sector: |
Industrial Machinery & Equipment |
Number of ETFs Holding NNBR: |
4 |
Total Market Value Held by ETFs: |
$8.89M |
Total Market Capitalization: |
$188.00M |
% of Market Cap. Held by ETFs: |
4.73% |
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April 27, 2024 8:12 PM Eastern
Strong Buy (4.00 out of 4)
84th percentile
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