Acquisition History / Cadre Holdings, Inc. / Carr's Engineering Division
Cadre Holdings, Inc. Acquires Carr's Engineering Division
Announced January 16, 2025 — $101.3M
What happened
Carr's Group (now Fevara) sold its Engineering Division, Carr's Engineering Limited in the UK and its US sister company, to NYSE-listed Cadre Holdings. The division makes vessels, precision parts and remote-handling systems and provides specialist engineering services for nuclear and defence customers.
- Acquirer
- Cadre Holdings, Inc.
- Target
- Carr's Engineering Division
- Announced
- January 16, 2025
- Price
- $101.3M
- Industry
- Nuclear and defence engineering
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Cadre Holdings, Inc. acquire Carr's Engineering Division?
Cadre Holdings, Inc. acquired Carr's Engineering Division on January 16, 2025. This was Cadre Holdings, Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Cadre Holdings, Inc. pay for Carr's Engineering Division?
Cadre Holdings, Inc. paid $101.3M for Carr's Engineering Division.
What does Carr's Engineering Division do?
Carr's Group (now Fevara) sold its Engineering Division, Carr's Engineering Limited in the UK and its US sister company, to NYSE-listed Cadre Holdings. The division makes vessels, precision parts and remote-handling systems and provides specialist engineering services for nuclear and defence customers.
What other Nuclear and defence engineering companies has Cadre Holdings, Inc. acquired?
Carr's Engineering Division is Cadre Holdings, Inc.'s only publicly tracked acquisition in Nuclear and defence engineering so far.