NHBB Parent Acquires C&A Tool Engineering, Inc.
November 1, 2017
MinebeaMitsumi Inc., ultimate parent company of New Hampshire Ball Bearings, Inc. (NHBB), has signed a Stock Purchase Agreement to acquire all of the shares of C&A Tool Engineering, Inc., a manufacturing company offering high precision, technically complex parts across the medical, aerospace & defense, fuel system and industrial end markets.
C&A meets the conditions of MinebeaMitsumi's acquisition strategy by increasing its footprint in aerospace and medical markets and boosting its machined components business. C&A expands MinebeaMitsumi's offering of machined components within its competencies of manufacturing to tight tolerances and extreme complexity.
Post acquisition, C&A will operate under the NHBB/myonic Business Unit while financial consolidation will take place with MinebeaMitsumi in Japan. Under the NHBB/myonic Business Unit, C&A will gain market and customer experience, as well as global sales reach and expanded resources. With the addition of C&A, and prior acquisitions of myonic and CEROBEAR, the NHBB/myonic Business Unit will now operate five manufacturing facilities in the U.S., two in Germany and one in Czech Republic.
For more information contact:
New Hampshire Ball Bearings, Inc.
175 Jaffrey Rd.
Peterborough, NH 03458
603-924-4100
info@nhbb.com
www.nhbb.com
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