Potentia Holdings Acquires MacDiarmid Machine Corporation
January 1, 2016
Potentia Holdings, LLC has acquired MacDiarmid Machine Corporation, a Newburyport, Massachusetts-based CNC and precision machining business, to join Potentia’s group of metal products manufacturing companies. Founder Scott MacDiarmid will stay through a transition period before retiring; Potentia plans to preserve the business and expand its market reach.
- Buyers
- Potentia Holdings, LLC
- Targets
- MacDiarmid Machine Corporation
- Sellers
- Scott MacDiarmid
- Platforms
- Potentia Holdings, LLC
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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