Norican Group Acquires Simpson Technologies
October 6, 2022
Denmark-headquartered Norican Group has acquired US-based Simpson Technologies, a 110-year-old family business specializing in sand preparation, reclamation and laboratory testing equipment for foundry and chemical process industries. The deal, completed in early October 2022 for an undisclosed sum, expands Norican's foundry offering by adding Simpson's sand-processing capabilities and extends Simpson's global reach through integration with Norican's brands and channels.
- Buyers
- Norican Group
- Targets
- Simpson Technologies
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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