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[BUSINESS] · United States · 2 sources

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Enerpac Tool Group and Epec complete industrial acquisitions

Enerpac Tool Group Corp. has finalized its acquisition of Specialized Fabrication Equipment Group LLC (SFE Group) for approximately $472 million. The deal, consisting of $452 million in cash and $20 million in equity awards, was announced in July 2026. SFE Group is a global provider of specialized fabrication, welding, and material-handling equipment, managing 12 brands including Climax and Axxair.

In a separate move, Epec Engineered Technologies has completed the acquisition of Standard Printed Circuits. This acquisition expands Epec’s domestic manufacturing footprint and enhances its high-technology printed circuit board (PCB) capabilities. Epec intends to invest in the newly acquired facility to support growing demand for reliable, U.S.-based supply chains for complex electronic products.

Entities

Enerpac Tool Group Corp. · Epec Engineered Technologies · Gladstone Investment Corporation · Specialized Fabrication Equipment Group LLC · Standard Printed Circuits