PEP: Precision Engineered buys Ray Industries
Precision Engineered Technologies LLC, a portfolio company of Joshua Partners, has acquired a controlling stake in Ray Industries LLC. Financial terms weren't announced. Waukesha, Wisconsin-based Ray Industries makes advanced precision parts and components for the aerospace, defense, medical industrial and energy industries.
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CEO
PEP is a global manufacturer of surgical and medical devices, as well as highly engineered stampings, moldings, and surface finishing technologies.
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