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ARC Group Worldwide Inc announces acquisition of Kecy Corporation


Tuesday, 24 Jun 2014 09:20am EDT 

ARC Group Worldwide Inc:Signs definitive agreement for acquisition of business of Kecy Corporation (Kecy).Kecy is one of precision metal stamping companies, utilizing advanced manufacturing, robotics, automation, and die-making equipment.Company also offers value-added secondary processing with experienced design and production staff.Transaction is structured as acquisition of substantially all of assets of Kecy.Closing of Kecy Acquisition is expected to occur on June 25, 2014.Addition of Kecy's precision metal stamping capabilities to ARC's portfolio of advanced manufacturing and 3D printing services further expands ARC's holistic solution approach.Further, Kecy provides ARC with new customers and capabilities, enabling cross-selling opportunities across the full suite of ARC products and services. 

Company Quote

18.46
-0.05 -0.27%
12:52pm EDT