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Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Mon., Nov. 29, 7:01 PM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #28. NN V-S Products Division

Acquirer: NN (NASDAQ:NNBR)
Acquiree: V-S Products Division
Details: NN, Inc. (Nasdaq: NNBR) announced today that Eric Schriver has joined the Company as General Manager of its recently acquired V-S Products Division, a manufacturer of precision metal components with operations in Wheeling, Illinois and Juarez, Mexico. Mr. Schriver's responsibilities will include the integration of the newly acquired assets and the execution of the Company's strategic growth plan for V-S Products. He will report to J.R. Widders, Vice President and General Manager of NN's Precision Metal Components Group.

NN is an industrial company. Co.'s businesses are organized into the Mobile Solutions and Power Solutions groups. Mobile Solutions focuses on growth in the general industrial and automotive end markets. Co. has developed a capability in manufacturing system components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors. Power Solutions focuses on growth in the electrical and aerospace and defense end markets, while also serving the automotive and medical end markets. Co. manufactures products including connectors, contact assemblies, and precision stampings for the electrical end market and products for the aerospace and defense end markets.

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Company Name: 
NN, Inc
Website: 
www.nninc.com
Sector: 
Industrial Machinery & Equipment
Number of ETFs Holding NNBR: 
14
Total Market Value Held by ETFs: 
$16.72M
Total Market Capitalization: 
$220.00M
% of Market Cap. Held by ETFs: 
7.60%
 

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Buy (3.00 out of 4)
16th percentile
(ranked lower than approx. 84% of all stocks covered)

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NNBR Stock Forecast

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