# Omni-Lite Industries acquires Designed Precision Castings

Omni-Lite Industries Canada has acquired Designed Precision Castings, a manufacturer of investment castings for aerospace, defense, industrial and energy applications, in a stock and cash transaction valued at US$5.7 million.

- Type: Acquisition
- Announced: 2021-12-20
- Where: Brampton, Ontario, Canada
- Value: $5.70M
- Status: completed
- Products: investment castings, hardware components, structural components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Omni-Lite Industries Canada](https://endata.com/companies/33950.md) (acquirer)
- [Designed Precision Castings](https://endata.com/companies/59828.md) (target)

## Sources

- [dpcast.com](https://www.dpcast.com/2021/12/20/omni-lite-industries-announces-strategic-acquisition-of-designed-precision-castings-following-the-completion-of-the-sale-and-leaseback-of-the-companys-california-real-estate-assets/), 2021-12-20: "Designed Precision Castings Complements and Expands the Company’s Technologies and Customer Base and Increases Access to our Addressable Markets"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.