CDM Systems of Elk River, MN Sold to Global Manufacturing Conglomerate
January 17, 2014 at 12:45 AM
Sunbelt Business Advisors represented CDM Systems Inc. in its sale to KMC Global Inc. in 2013.
CDM Systems manufactures custom en-masse conveyors: heavy duty, large volume conveyors that operate in extreme conditions. KMC Global, based in Kalamazoo, MI, is the parent company to a group of industrial manufacturing companies.
Sunbelt analysts identified KMC's PRAB, Inc., as a good fit for the acquisition - PRAB's existing operations in the conveying segment would benefit from technological synergy and open new markets in heavy industries, particularly the mining sector.
Sunbelt advisors contacted more than 400 potential strategic acquirers and equity groups. Many of these reviewed offering documents and met with CDM's management - and ultimately, KMC prevailed from among 5 final-stage bidders.
Multi-Unit Verizon Wireless Agent
Absentee-Owned Franchise with Multiple Locations incl. Real Estate
EBITDA : $733,659
Established Industrial Tools & Equipment Distributor
Ideal Bolt-On to add customers from diverse industries, add product lines
Call Bob Harris 612-238-1284
Branded and Patented in Elder Care Markets
Call Len Washko 612-238-1287
Defense Contractor - Airline & GSA Products
Call Mike Wheelock: 612-238-1290
Montana Consumer Products Distributor
Adj EBITDA: $ 688,000
Call Jim Borthwick: 612-238-1465
If you want to know the Value of your Business - ask someone who sells companies like yours for a living.
We sell a lot of companies - ask us.
2014: Finally a Good Time to Sell Your Business
Wednesday January 29th
Hellmuth & Johnson
8050 W 78th Street
Edina, MN 55439