Essig Acquires Performance Tool LLC, Forms Essig MFG
July 7, 2020
Essig has acquired Performance Tool LLC, a Moberly, Missouri-based manufacturer of tools, dies, fixtures and industrial hardware, and established Essig Manufacturing LLC (Essig MFG) to integrate manufacturing capabilities into its product lifecycle offering. The acquisition expands Essig's design-build capabilities, enabling faster delivery, improved quality and cost efficiencies for its large industrial customers.
- Buyers
- Essig
- Targets
- Performance Tool LLC
- Industry
- Manufacturing
- Location
- Missouri, United States
- Transaction Type
- Buyout
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