Core Industrial Partners Acquires TenereAugust 3, 2022
Private equity firm Core Industrial Partners and its portfolio company CGI Manufacturing Holdings has acquired Tenere Inc., a manufacturer of custom mechanical solutions for the information and communication, fiber and renewable-energy end markets. Tenere is the seventh add-on acquisition to the CGI platform launched by Core in August 2021. The combined CGI platform now covers approximately 1.4 million sq. ft. with more than 2000 employees across 14 facilities in eight states and Mexico.
Tenere’s suite of manufacturing capabilities and services includes prototyping, design for manufacturability, tooling, sheet metal fabrication and stamping, injection molding, assembly, integration, and testing. Headquartered in Dresser, WI, Tenere operates four facilities comprising nearly 600,000 sq. ft., including two facilities in WI, a dedicated injection molding facility in Westminster, CO, and a new state-of-the-art facility in Monterrey, MX.