Cadrex (CORE Industrial Partners) Acquires IDL Precision Machining

September 20, 2022

Cadrex Manufacturing Solutions, a CORE Industrial Partners portfolio company, has acquired IDL Precision Machining, a Mukilteo, Washington-based manufacturer of complex precision CNC components and assemblies serving aerospace & defense and industrial end markets. The transaction is an add-on to the recently relaunched Cadrex platform and expands the platform's precision machining capabilities and footprint in the Pacific Northwest.

Buyers
Cadrex Manufacturing Solutions, CORE Industrial Partners
Targets
IDL Precision Machining
Sellers
Robert Peha and Dean Handaly (IDL ownership)
Platforms
Cadrex Manufacturing Solutions
Industry
Manufacturing
Location
Washington, United States
Transaction Type
Addon

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