# InCompass acquires machinery division of Mollart Engineering

InCompass, a platform company of TJM Capital Partners, has acquired the machinery division of Mollart Engineering, a manufacturer of deep hole drilling machine tools. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2023-08-01
- Where: United Kingdom
- Status: completed
- Products: deep hole drilling machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mollart Engineering](https://endata.com/companies/17594.md) (target)
- [InCompass](https://endata.com/companies/71774.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/incompass-a-platform-company-of-tjm-capital-partners-has-purchased-the-machinery-division-of-mollart-engineering-301890728.html), 2023-08-01: "The addition of the machinery division of Mollart perfectly fits within our vision for growth."

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