Sun Acquisitions announces the sale of a tool manufacturer to strategic investors
Sun Acquisitions is pleased to announce the sale of a tool & die, a tool manufacturer, to a strategic family office investor group. The business has been in operation for over 40 years in Michigan.
The company provides a wide range of services for its customers including: mold making, prototype tooling, low volume production tooling, and management and quality assurance services.
Their customer base crosses over many industries inclusive of; automotive, heavy trucking, furniture, agriculture and lighting. They are located on 10 acres of commercial and industrial real estate in between Detroit and Chicago.
With an infusion of capital expected the company is poised for growth with both new equipment purchases and a physical expansion.
Joe Farinella was the lead advisor and managed all aspects of this client engagement. Joe has over four decades of experience as a business owner and as a merger and acquisitions advisor.
USA, Benton Harbor, Midwest
Sold for $1,500,000
Very Profitable Tool & Die Company – Michigan