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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