# China Instrument Parts acquires Iseli Company

China Instrument Parts announced the acquisition of Iseli Company, a Swiss-screw machine products supplier in Walworth, Wisconsin. Both will become subsidiaries of new parent company Reader Instrument Solutions.

- Type: Acquisition
- Announced: 2023-05-30
- Where: Walworth, Wisconsin, United States
- Status: announced
- Products: Swiss-screw machine products, Swiss-type cam and CNC lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [China Instrument Parts](https://endata.com/companies/70550.md) (acquirer)
- [Iseli Company](https://endata.com/companies/70551.md) (target)
- [Reader Instrument Solutions](https://endata.com/companies/70552.md) (partner)

## Sources

- [machineinstrumentparts.com](https://machineinstrumentparts.com/Instrument-plus-acquires-iseli-company/index.html), 2023-05-30: "This acquisition brings together two well-established industry leaders in Walworth County, Wisconsin."

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