EML · Categories · M&A
EML - Mergers and acquisitions
Eastern Company (EML) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for EML
- The Eastern Company Acquires the Business and Certain Assets of Sureflex, Inc.SHELTON, CT / ACCESSWIRE / June 29, 2023 / The Eastern Company (the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced that the Company has acquired certain assets of Sureflex, Inc. ("Sureflex"). The Company did not disclose the terms of the transaction.Sureflex, which manufactures tractor-trailer electrical connection cable assemblies, will be part of Eastern's Velvac subsidiary. According to Mr. Dan McGrew, Velvac, Inc.'s President, "The acquisition of Sureflex enables Velvac to manufacture electrical products and become cost/quality competitive."Mr. Mark Hernandez, t
- The Eastern Company Announces the Sale of Frazer & JonesNAUGATUCK, CT / ACCESSWIRE / November 22, 2021 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced that it has sold its Frazer & Jones foundry business ("Frazer & Jones").August Vlak, Eastern's President & CEO, said that "the divestiture of Frazer & Jones is part of our ongoing work to streamline our portfolio of businesses and build scale in our largest businesses, which we believe will accelerate Eastern's growth and strengthen our operating margins. With the sales of Greenwald Industries this month, and Canadian Commercial Vehic
- The Eastern Company Announces the Sale of Greenwald IndustriesNAUGATUCK, CT / ACCESSWIRE / November 4, 2021 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced that it has sold its Greenwald Industries business ("Greenwald").August Vlak, Eastern's President & CEO, said that "the divestiture of Greenwald is part of our ongoing work to streamline our portfolio of businesses and build scale in our largest businesses, which we believe will accelerate Eastern's growth and strengthen our operating margins. With the sale of Canadian Commercial Vehicles and Sesamee Mexicana, which we completed last y