Southfield, MI – CFI USA (P&M Corporate Finance, LLC) is pleased to announce that it served as the exclusive financial advisor to Master Automatic Machine Company, Inc. in its sale to MacLean-Fogg Component Solutions, LLC.
Master Automatic Machine Company, Inc. is a premier supplier of precision machined components and assemblies to a diverse set of OEM and Tier I automotive customers. The Company supplies a broad range of highly critical transmission, powertrain, steering components, and other automotive applications.
MacLean-Fogg Component Solutions (operating as part of the MacLean-Fogg family of companies) is a supplier of fastener components, engineered components, and engineered plastics serving many diverse industries.
MacLean-Fogg Company is a global enterprise with 26 global manufacturing facilities, annual sales in excess of $1 billion, and a worldwide workforce of more than 3,200 people. MacLean-Fogg is a privately held enterprise headquartered in Mundelein, IL USA. MacLean-Fogg is comprised of two primary businesses, MacLean-Fogg Component Solutions and MacLean Power Systems.
MacLean-Fogg Component Solutions (MFCS) acquired a majority stake in Master Automatic to form a joint venture with the MFCS Engineered Solutions Group of companies. PMCF served as exclusive financial advisor to Master Automatic Machine Company, Inc.
The transaction closed on 29 December 2020.
has sold 50% of its subsidiary
to A2 IT Arago Zrt.
through a combination of SPA and capital increase
€ 5 000 000
loan to finance investments and current assets
Subsidiaries of the newly founded
acquired the assets and the operational business from
represented by Martin Mucha (Chief Representative) and Dr. Christian Gerloff (Cover Pool Administator)