Princeton, NJ – February, 2024– Benjamin Ross Group, a mergers and acquisitions/business brokerage firm, www.BenjaminRossGroup.com, is pleased to announce that we have sold the Manufacturing Company, Shamong Manufacturing in Burlington County, NJ to a private investor.
About Shamong Manufacturing
Shamong Manufacturing is a second-generation manufacturing company that has been in operation since 1964 (58 years). They produce highly accurate and detailed sheet metal components for many different industries, such as, medical, technology, electronics, automotive, aerospace, etc. Precision sheet metal fabrication is a manufacturing process that encompasses several metal fabrication techniques—punching, laser cutting, forming, and welding, for example—to produce a finished product, or precise metal parts used in the manufacture, construction, or assembly of a product or device.
Shamong Manufacturing produces products such as:
Electronic Chassis | Mechanical Parts |
Medical Cabinets & Equipment | PC Card Racks |
Cabinet Access Doors & Covers | Commercial Metal Frames |
Brackets | Custom Applications |
Founded in 1964 by the Autio family, the company has grown through two generations of family ownership. They have built a solid reputation in the sheet metal industry as a reliable supplier of precision components.
Acquired by the Snoke family, they continue the tradition the Autio family built with continued investment in the business to keep it at the forefront of production capabilities to provide quality components for generations to come.
About Benjamin Ross Group
Benjamin Ross Group (www.BenjaminRossGroup.com) performed a valuation of the company, was engaged as a business broker to sell the business, identified a qualified candidate to purchase the business, and secured SBA financing for the transaction.
Benjamin Ross Group represents business owners who want to sell their businesses and leave their employees and customers in capable hands. We support our clients through the biggest business decision of their lives, so they can move on with confidence, peace of mind, and the most competitive price for their hard work. We sell 96% of the businesses we represent, compared to the national average of 20%. And we earn our clients’ trust because of our expertise, professionalism, and extensive network. For more information, go to: www.BenjaminRossGroup.com