Deloitte Corporate Finance assisted and advised Shelby, NC-based Ultra Machine & Fabrication, Inc. in its sale to Universal Manufacturing Company, Inc., a manufacturer and distributor of automotive and truck parts, as well as specific aerial and material handling mobile hydraulic equipment. The transaction closed on March 2, 2015.
DCF assisted and advised Ultra in preparation for a sale of the business and advised in negotiation, execution and final closing of the transaction.
Ultra Machine & Fabrication, Inc. manufactures precision armor parts and weldments. The company provides precision cutting, bending, welding, and coatings services, principally to the defense sector. The company was founded in 1989 and is based in Shelby, North Carolina with facility locations in Kings Mountain and Forest City, North Carolina.
Deloitte Corporate Finance provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage.