Precision Cutting Technologies acquires majority stake in CID Performance Tooling
Precision Cutting Technologies, a subsidiary of Alleghany Capital Corporation, acquired a majority interest in Coastal Industrial Distributors, LLC (dba CID Performance Tooling), a manufacturer of high-performance solid carbide end mills based in Saco, Maine.
Productshigh-performance solid carbide end mills
“Alleghany Capital Corporation announced the acquisition by Precision Cutting Technologies of a majority interest in Coastal Industrial Distributors, LLC, dba CID Performance Tooling.”olshanlaw.com
- 4 sources
- olshanlaw.comKenneth Silverman Handles Acquisition of CID Performance Tooling for Alleghany Capital Subsidiary Precision Cutting TechnologiesKenneth M. Silverman, Jason S. Saltsberg, Honghui S. Yu, John A. Corrado, Hyman KindlerJun 24, 2019
- dtiinside.comAlleghany Capital Corporation Announces Formation of Precision Cutting Technologies and Acquisition of CID Performance Tooling - dti InsideNetCrafters AdminJun 24, 2019
- mainebiz.bizSaco toolmaker acquired by Alleghany Corp.StaffJun 25, 2019
- mmsonline.comBourn & Koch's Parent Company Acquires CID Performance Tooling, Forms New Holding Company | Modern Machine ShopEdited by: MMS Editorial TeamJul 11, 2019
Summarized from public sources; check the original articles before acting on it.