# Precision Plus acquires Iseli Company

Precision Plus acquired the Iseli Company, a Swiss-screw machine products supplier in Walworth, Wisconsin. Both companies will become wholly owned subsidiaries of the newly formed parent company, Reader Precision Solutions.

- Type: Acquisition
- Announced: 2023-06-22
- Where: Walworth, Wisconsin, United States
- Status: completed
- Products: Swiss-screw machine products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Iseli Company](https://endata.com/companies/70551.md) (target)
- [Precision Plus](https://endata.com/companies/71001.md) (acquirer)
- [Reader Precision Solutions](https://endata.com/companies/71002.md) (partner)

## Sources

- [productionmachining.com](https://www.productionmachining.com/news/precision-plus-acquires-iseli-company), 2023-06-22: "This acquisition brings together two well-established industry leaders in Walworth County, Wisconsin."

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