M&A Deal Summary

Alstom Acquires ASAT Solutions

On December 21, 2012, Alstom acquired technology hardware company ASAT Solutions

Acquisition Highlights
  • This is Alstom’s 1st transaction in the Technology Hardware sector.
  • This is Alstom’s 1st transaction in Canada.
  • This is Alstom’s 1st transaction in Alberta.

M&A Deal Summary

Date 2012-12-21
Target ASAT Solutions
Sector Technology Hardware
Buyer(s) Alstom
Deal Type Add-on Acquisition

Target

ASAT Solutions

Calgary, Alberta, Canada
website
ASAT Solutions Inc. is a provider of an automation products, services, and engineered solutions to electric utilities and industrial customers.

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Buyer(S) 1

Buyer

Alstom

Saint-Ouen, France

website


Category Company
Founded 1992
Sector Energy Services and Equipment
Employees69,317
Revenue 15.5B EUR (2022)
DESCRIPTION

Alstom is a provider of electrical generation and transmission products including turbines for hydroelectric, gas, coal and nuclear-powered plants. Alstom was founded in 1992 and is based in Saint-Ouen, France.


DEAL STATS #
Overall 7 of 14
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 5 of 10
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-10 Tidal Generation

Bristol, United Kingdom

Tidal Generation Ltd. is at the forefront in the design, development and manufacture of tidal stream turbines which capture and convert the energy of tidal streams to generate electrical power. TGL’s first 500kWe unit was successfully installed at the European Marine Energy Centre (EMEC) at Orkney in Scotland. It generated and fed into the grid over 250MWh of electricity – enough power to supply the equivalent of 300 homes - averaging 12 hours of operation each day.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-01 ARVOS

Heidelberg, Germany

ARVOS is a provider of air pre- and gas-heaters for thermal power plants, critical heat transfer solutions for process industries and grinding equipment. Arvos Group operates across three divisions: Ljungström, Schmidtsche Schack and Raymond Bartlett Snow. ARVOS is based in Heidelberg, Germany.

Sell -