M&A Deal Summary |
|
|---|---|
| Date | 2024-04-08 |
| Target | Matot - Dumbwaiter and Material Lift Assets |
| Sector | Machinery |
| Buyer(s) | Savaria |
| Sellers(s) | Matot |
| Deal Type | Divestiture |
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Savaria Corp. is a designer, manufacturer, distributor and installs primarily elevators for home and commercial use, as well as stairlifts and vertical and inclined platform lifts. Savaria has built thousands of lifts and elevators used around the world to help improve access for wheelchair users and other mobility challenged people in the home and in public spaces. Savaria was founded in 1979 and is based in Laval, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector (Machinery) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-27 |
Handicare Group AB
Stockholm, Sweden Formed in 1986, Handicare offers solutions to increase the independence of disabled or elderly people and to facilitate for their care providers and family. The offering encompasses a comprehensive range of curved and straight stairlifts, transfer, lifting, and repositioning aids and vehicle adaptations. Handicare is a global company with sales in some 40 countries and is one of the market leaders in this field. Its head office is in Stockholm, Sweden, and manufacturing and assembly are located at four sites distributed across North America, Asia, and Europe. |
Buy | kr3.4B |
Matot offers custom designed and built dumbwaiters, material lifts, VRC’s, cart lifts, and automatic load/unload tote equipment. Matot was founded in 1888 and is based in Bellwood, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Machinery) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
