Currently, the Buyer is interested in expanding its portfolio with acquisitions in the field of design, manufacturing and sales of automation controls, with hardware or software to compliment its current operations and products. The Buyer is seeking specific product lines such as but not limited to SCADA software, programmable logic controllers, encoders, HMIs, industrial ethernet switches, various sensors, time delay relays, counters, ac-dc drives, light curtains, industrial message panel displays, Andon/LCD boards, industrial panel PC’s, and press automation products.
The Buyer has cash reserves in excess of $20 million for this acquisition activity. Having acquired more than a dozen multi-million dollar companies, the Buyer’s team is known for its very quick due diligence and decision making process.
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