Ultra-Dex Tooling Systems joins the ARCH Cutting Tools Group
ARCH Global Precision, a Strength Capital Partners platform company that is focused on precision machined components and cutting tools & instruments has acquired Ultra-Dex Tooling Systems located in Flushing, Michigan. As part of this acquisition, ARCH Global Precision also acquired the Ultra-Dex USA branded product line and the Beamer Laser Marking Systems product line (collectively “Ultra-Dex”) from Mark and Sharon Birchmeier. Ultra-Dex is a manufacturer of tooling systems, including indexable boring, milling and drilling systems, as well as tool holders, custom designed tooling and laser marking systems.
“We are excited to announce the acquisition of Ultra-Dex, as this acquisition significantly broadens our capabilities in the industrial cutting tool space,” commented Eli Crotzer, ARCH Global Precision President and Chief Executive Officer. “Specifically, the transaction provides us with capabilities in indexable boring, milling and drilling, which did not exist as part of ARCH Global prior to this acquisition. In addition, there is significant customer overlap between Ultra-Dex and our existing cutting tool businesses, thus allowing ARCH Global to continue to leverage customer relationships across the enterprise. We intend to continue manufacturing all of the Ultra-Dex products in Flushing, Michigan, and we see tremendous potential for Ultra-Dex to become a growth engine within the broader ARCH Global Precision platform.”
Mark Birchmeier, the former owner of Ultra-Dex, who will continue on in his role as President of the company for a transitional period, commented “we are pleased to announce the sale of Ultra-Dex Tooling Systems, Ultra-Dex USA and Beamer Laser Marking Systems to ARCH Global Precision. In choosing an acquirer to sell the companies to, it was important for Sharon and I to find a group that understood our business and was committed to maintaining the business here in Flushing. Based on the positive interactions that we experienced throughout the sale process, we found ARCH Global Precision to be the ideal buyer for Ultra-Dex.”