Turnkey Machinery Builder - Established 35+ Years in Ontario
Racer
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Financial Details
- Asking Price:
- $7,000,000
- Location:
- ON, CA
- Source:
- Date:
- June 06, 2025
Key Highlights
- Canadian leader in custom automation and precision machinery design and manufacturing.
- Serves top-tier clients in EV, Aerospace, Space, and advanced manufacturing.
- Owns and operates respected brands Standard Modern (CNC metal lathes) and ER Maier (high-precision machine tool components).
Description
This is a Canadian-based leader in the design and manufacturing of custom automation and precision machinery, serving top-tier clients in EV, Aerospace, Space, and advanced manufacturing. Founded over 35 years ago, Racer has evolved into a trusted brand with full in-house capabilities and a portfolio of proprietary equipment and legacy machine tools. The company also owns and operates two respected brands: Standard Modern – Canada’s most recognized name in manual and CNC metal lathes and ER Maier – Known for high-precision machine tool components and assemblies.
Industry Information
- Industry Description:
- Manufacturing
- Classification:
- Manufacturing
Listing Details
- Listing ID:
- a5fb2dca-697b-46e5-90e9-744205fcfcf2
- Deal Status:
- For Sale
- Date Posted:
- June 04, 2025
- Last Updated:
- June 06, 2025
- Currency:
- USD
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