-Backed Eppinger Technologies Announces Agreement to Sell Rotary Table Product Line

Eppinger Technologies (“Eppinger” or the “Company”), a leading designer and manufacturer of sophisticated, high precision tooling solutions, today announced an agreement to divest its rotary table product line. Under the terms of the agreement, Eppinger will retain exclusive distribution rights for the rotary table products in North America upon commercialization.

This strategic divestment allows the Company to sharpen its strategic focus on high-potential core product lines, including CNC tool holders, gears, and gearboxes. Eppinger plans to use the transaction proceeds to invest in state-of-the-art production equipment, expand its sales team to accelerate market penetration, and pursue targeted add-on acquisitions or partnerships that will drive long-term growth.

“We are pleased to announce this strategic transaction, which not only streamlines our portfolio but also empowers us to invest more heavily in our core competencies.” said Chad Heathco, CEO of Eppinger Technologies. “The proceeds will allow us to invest in cutting-edge production capacity, expand our sales efforts, and aggressively pursue M&A opportunities that complement our technological expertise and expand our market reach. Our commitment to growth is unwavering, and we look forward to capitalizing on emerging opportunities to deliver exceptional value to our global customer base.”