Private equity firm CORE Industrial Partners (Chicago, IL) has acquired Majestic Metals (Denver, CO), a provider of precision sheet metal fabrication services, by CORE portfolio company Incodema Holdings (Ithaca, NY), which provides sheet metal cutting and forming solutions, including laser cutting. It will be combined with Incodema, Newcut (Newark, NY), and the recently acquired Dahlquist Machine (Ham Lake, MN) to form a nationwide precision manufacturing services provider for on-demand production across sheet metal fabrication, CNC machining, and photochemical etching.
Founded in 1979, Majestic Metals is a precision sheet metal manufacturer that provides design and engineering support, laser cutting, punching, forming, welding, assembly, and finishing. The company’s end-to-end service offering and heavy investment into automation and “lights-out” manufacturing facilitates quick turnaround times for low- to mid-volume complex precision sheet metal components. It also serves diversified end markets with expertise in the analytical instruments, medical, aerospace and defense, electronics, and industrial sectors. The company operates a state-of-the-art facility and holds certifications and compliance designations, including ISO 9001 and ITAR.