Enerpac Tool Group Corp. (EPAC) announced the completion of its acquisition of Specialized Fabrication Equipment Group LLC (SFE Group), a global industrial equipment company. The transaction, which closed on October 28, 2026, was finalized for a total consideration of approximately $472 million.

Key Details

  • Transaction Value: The acquisition consists of approximately $452 million in cash and the issuance of approximately $20 million in Restricted Stock Unit (RSU) awards to key SFE Group personnel.
  • Acquired Company: SFE Group specializes in pipe fabrication, welding, machining, and maintenance tools, serving industries such as power generation, oil & gas, aerospace, and manufacturing.
  • Executive Share Purchase: As part of the agreement, three SFE Group executives will use approximately $10.9 million of their cash proceeds to purchase EPAC common stock in the open market, which will be subject to a three-year transfer restriction.