Eidemiller Precision Machining Acquired by Kyowa Industrial Co., Ltd.!
Calder Capital, LLC, is excited to announce the acquisition of Eidemiller Precision Machining of Milford, Michigan by Kyowa Industrial, Co., Ltd., of Takasaki, Japan.
"I feel confident that Eidemiller will be an excellent asset to Kyowa," commented Atsushi Tanimoto, Kyowa's North American President. "We've been in the market for such a company in this area for a long time, and I don't think we could've found a better fit."
Eidemiller Precision Machining was founded in 1976, and in recent years it has been owned and operated solely by Marty Eidemiller. Over its five and a half decades, Eidemiller Precision Machining has grown from a small one-lathe operation with a single customer to a national supplier of precision parts in a wide variety of materials. Marty engaged with Calder Capital in the fall of 2020 to find the right buyer for Eidemiller Precision Machining so that he could transition into retirement with his wife, Devany.
"Calder Capital came through as advertised and even more than we could have ever imagined," remarked Marty about the acquisition. "We had multiple suitors throughout the process, and Calder and Garrett Monroe found a perfect fit that will take our business to the next level. We were unsure of what to expect and what was about to unfold, but with Calder's experience and expertise, they skillfully walked us through the process with a great outcome. Garrett's balance of professionalism and hand-holding kept us focused during the complicated negotiations. We would recommend Calder to anyone considering selling their business."
Garrett Monroe (https://www.caldergr.com/
"This was an interesting deal to be a part of because it was Kyowa Industrial's first acquisition and they are located in Japan, so communication was absolutely critical to the transaction,"
Calder Capital, LLC (https://www.caldergr.com/
Calder Capital, LLC