Design Ready Controls Aquisition – Metal Fabrication Company
I am thrilled to announce the acquisition of a local metal fabrication company – Fabrico Inc. Both Minnesota-based and privately owned businesses, Fabrico will operate as part of the Design Ready Controls metal fabrication division, Design Ready Fabrication. This is a significant step forward and reflects our commitment to driving growth through the Design Ready Controls metal fabrication division.
Why a Metal Fabrication Company?
This acquisition reflects Design Ready Controls’ commitment to our customers’ performance by increasing capabilities in a critical area – metal fabrication. Together, Design Ready Controls and Design Ready Fabrication will continue to focus on world-class manufacturing in their respective areas through their team’s dedication to excellence.
What This Means for Our Customers
Design Ready Controls and Design Ready Fabrication will continue to serve its diverse customer base, offering customers the same products and services before acquisition. The integration process is well underway and prioritizes continuity for employees, suppliers, and customers.
A Step Toward the Future
This action represents the successful completion of our targeted search. It adds more than 100 years of metal fabrication experience to the Design Ready Controls team and expands our capability to service customers. Design Ready Controls’ acquisition of Fabrico and subsequent creation of Design Ready Fabrication will strengthen our position as a control panel manufacturer, enhance our capabilities, and create many new opportunities for growth. More updates will follow as we embark on this exciting chapter, of building a stronger future together.
A Special Thanks
The acquisition was facilitated by True North Mergers and Acquisitions (“TNMA”) – who played a pivotal role in identifying the acquisition and advising Design Ready Controls.
For more information about Design Ready Fabrication, please visit www.DesignReadyFabrication.com
Design Ready Controls is an engineering and manufacturing company that builds electrical control panels and wire harnesses. It is headquartered in Brooklyn Park, Minnesota, with manufacturing facilities in Brooklyn Park, Minnesota; Richmond, Virginia; Oklahoma City, Oklahoma and Albert Lea, Minnesota. Design Ready Controls provides products and services to original equipment manufacturers from many industries, including HVAC, EV chargers, factory automation, power generation, oil and gas, and alternative energy. For 30 years, Design Ready Controls has been committed to providing the industry’s highest-quality products and services. For more information, visit www.DesignReadyControls.com
Design Ready Fabrication is a full-service precision metal fabrication company that delivers high-quality precision parts. Based out of Champlin, Minnesota, and with 35+ years of experience, they are committed to supplying world-class precision fabricated metal products to a diverse customer base per the specification and delivered on time. For more information, visit www. DesignReadyFabrication.com
True North Mergers & Acquisitions (“TNMA”) is a nationally recognized M&A Advisory firm that helps buyers and sellers achieve their goals with a strategy that values employees and customers, maximizes economic value and honors the companies’ legacies. For more information, visit www.tnma.com
