Cadre Holdings Completes Acquisition of Carr's Engineering Division
April 22, 2025
Cadre Holdings, Inc. completed the acquisition of Carr's Engineering Limited (excluding Chirton Engineering) and Carr's Engineering (US), Inc.—the Engineering Division of Carr's Group plc—for an enterprise value of £75 million. The deal was funded with incremental term debt and is intended to expand Cadre's nuclear safety product offerings and international footprint.
- Buyers
- Cadre Holdings, Inc.
- Targets
- Carr's Engineering Limited, Carr's Engineering (US), Inc.
- Sellers
- Carr's Group plc
- Industry
- Manufacturing
- Location
- United Kingdom
- Transaction Type
- Divestiture
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