Link Tool & Manufacturing has been acquired by PennEngineering

Link Tool & Manufacturing, a leading manufacturer of precision steel, carbide and ceramic tooling, primarily utilized in cold heading and other metal forming processes, has been acquired by PennEngineering & Manufacturing Corporation.

PennEngineering, a portfolio company of Tinicum Incorporated, is a global leader in engineered fastening solutions.

The acquisition of Link expands PennEngineering’s capabilities as a supplier of precision tooling solutions to multiple end markets.

Cascade Partners served as the exclusive financial advisor to Link Tool & Manufacturing.