ARCH Global Precision Acquires Siem Tool Company
July 3, 2019
ARCH Global Precision, a platform company backed by The Jordan Company, has acquired Siem Tool Company in Latrobe, Pennsylvania. The acquisition expands ARCH’s custom cutting tool capabilities, adds an in-house coating center, and brings Siem’s proprietary carbide edge-prep expertise into ARCH’s Cutting Tools division.
- Buyers
- ARCH Global Precision, The Jordan Company
- Targets
- Siem Tool Company
- Sellers
- John Siemering
- Platforms
- ARCH Global Precision
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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