ArtiFlex Manufacturing Acquires Hercules Machine Tool & Die
April 28, 2023
ArtiFlex Manufacturing, LLC has completed the acquisition of Hercules Machine Tool & Die, LLC (a subsidiary of Enprotech / ITOCHU Corporation). Hercules will continue operating from its Warren and Fraser, Michigan locations and will become a wholly‑owned subsidiary of ArtiFlex, expanding ArtiFlex’s tooling, automation and low‑volume manufacturing capabilities for automotive OEMs and Tier‑1 suppliers. Angle Advisors acted as exclusive M&A advisor to ITOCHU Corporation on the transaction.
- Buyers
- ArtiFlex Manufacturing, LLC
- Targets
- Hercules Machine Tool & Die, LLC
- Sellers
- Enprotech, ITOCHU Corporation
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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