Cly-Del Manufacturing Acquires Semco Tool & Manufacturing Company
October 3, 2023
Waterbury-based Cly-Del Manufacturing Company has acquired Semco Tool & Manufacturing Company Inc., a family-owned manufacturer of custom eyelets and deep-drawn metal components in Naugatuck, Connecticut. The deal is framed as a values-driven transaction to preserve Semco’s family legacy while expanding Cly-Del’s manufacturing capabilities and local footprint.
- Buyers
- The Cly-Del Manufacturing Company
- Targets
- Semco Tool & Manufacturing Company Inc.
- Sellers
- Semco Tool & Manufacturing Company Inc. (Thomas Semeraro, President and Owner)
- Industry
- Manufacturing
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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