M&A Deal Summary

Elgin Automation Acquires Bematech

On May 16, 2019, Elgin Automation acquired technology hardware company Bematech from Totvs SA

Acquisition Highlights
  • This is Elgin Automation’s 1st transaction in the Technology Hardware sector.
  • This is Elgin Automation’s 1st transaction in Brazil.

M&A Deal Summary
Date 2019-05-16
Target Bematech
Sector Technology Hardware
Buyer(s) Elgin Automation
Sellers(s) Totvs SA
Deal Type Divestiture

Target

Bematech

São José dos, Brazil
website
Bematech is a supplier of hardware and software solutions for kitchen display systems (KDS), all-in-one systems, retail-hardened computers, POS (point of sale) peripherals, and touch monitors.

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Buyer(S) 1

Buyer

Elgin Automation

Limerick, Ireland

website

Category Company
Sector Technology Hardware
DESCRIPTION

Elgin Automation is a distributor of Industrial Automation and Control products. In partnership with Mitsubishi Electric, Elgin Automation supplies a broad range of industrial control equipment.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Totvs SA

Sao Paulo, Brazil

website

Category Company
Founded 1983
Sector Software
DESCRIPTION

Totvs SA is a developer of ERP systems in Latin America.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-01 Microsiga Mexico SA de CV

Brazil

Microsiga Mexico SA de CV is a provider of enterprise resource planning software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-28 Supplier

São Paulo, Brazil

Supplier is a provider of Private Label B2B card to finance receivables of our industrial partners (anchors), providing additional credit limits to their clients without recourse (off balance). Supplier was founded in 2003 and is based in Sao Paulo, Brazil.

Buy -
Mergr

Product

Company

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