Ditron

Assembly Line

CORE Industrial Partners Portfolio Company PrecisionX Group Acquires Ditron, Inc.

πŸ“… Date:

πŸ”– Topics: Acquisition

🏒 Organizations: PrecisionX, Ditron, CORE Industrial Partners


CORE Industrial Partners (β€œCORE”), a manufacturing, industrial technology, industrial services, and consumer products-focused private equity firm, announced the acquisition of Ditron, Inc., a provider of micro precision stamping, by CORE portfolio company PrecisionX Group. CORE previously acquired GEM Manufacturing, a provider of precision deep drawn metal components, in February 2023, Coining, a provider of progressive die stamping and Swiss machining of high-performance alloys, in June 2023, and National Manufacturing, a provider of deep drawn metal components and precision machining, in May 2024, to form PrecisionX.

Founded in 1963 to provide precision electrical connector solutions, Ditron offers a comprehensive manufacturing solution for tight-tolerance small, miniature, and micro-miniature metal stamped components in both continuous-form and loose-piece formats with an expertise in high-volume applications. Utilizing a fleet of more than two dozen high-speed Bruderer presses capable of up to 1,600 strokes per minute, the Company annually produces billions of components from both ferrous and non-ferrous metals, including beryllium copper, phosphor bronze, stainless steel, and brass. The Company augments its primary micro precision stamping capabilities with a variety of in-house secondary and post-processing services, including deburring, heat treating and packaging.

Read more at Business Wire