Cronus Partners Pleased to Announce Sale of Precision Metal Products to HBD Industries.NORWALK, Conn. -- Cronus Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is pleased to announce the sale of Precision Metal Products, Inc. ("PMP See point-to-multipoint and portable media player. PMP - Portable Media Player ") to HBD HBD Happy Birthday HBD Homebrew Digest HBD Here Be Dragons HBD Has Been Drinking (police communications) HBD Hadron Blind Detector HBD Human Biodiversity HBD Hypophosphatemic Bone Disease HBD Hemoglobin--Delta Locus Industries, Inc. ("HBD"). Cronus Partners originated the transaction and acted as the exclusive financial advisor to PMP, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. located in El Cajon, California
El Cajon (IPA pronunciation in English: [ɛl kə'hoʊn] . PMP is a leading niche contract manufacturer of net and near-net shape forgings and precision-machined components from high performance materials. For over 40 years, PMP has delivered specialized value to orthopedic device OEMs for hip, knee, shoulder and elbow implants and related surgical instruments and to aerospace and defense contractors and OEMs for military applications. Closed on May 8, 2007, the transaction will enable HBD, a manufacturer of industrial products sold to leading distributors, OEMs and end users worldwide, to expand its closed die forgings offerings. About Cronus Partners Advising on mergers, acquisitions, divestitures, sales and private placement financings, Cronus Partners is an independent investment banking firm that provides financial and strategic advisory services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. To learn more, please visit www.CronusPartners.com. |
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