Magna Electric - Ownership and Business Overview

Electrical EquipmentCompany

Magna Electric Ownership

Who owns Magna Electric?

Magna Electric is owned by Shermco Industries. It was acquired on January 7, 2014.

Magna Electric Business Overview

Where is Magna Electric headquartered?

Magna Electric is headquartered in Saskatoon, Saskatchewan.

What sector is Magna Electric in?

Magna Electric is an electrical equipment company.

When was Magna Electric founded?

Magna Electric was founded in 1982.

Electrical Equipment M&A Summary in 2014

Out of 60 sectors in the Mergr database, electrical equipment ranked 25 in number of deals in 2014. The largest electrical equipment acquisition in 2014 was Duracell International - which was acquired by Berkshire Hathaway for $4.7B.

Join Mergr to view all 116 acquisitions of electrical equipment companies in 2014, including 19 acquisitions by private equity firms, and 97 by strategics.

Magna Electric Corp.

851 - 58th Street East,
Saskatoon, Saskatchewan S7K 6X5
Canada,
(306) 955-8131
www.magnaelectric.com

Magna Electric Corporation (MEC), a Canadian electrical power system engineering, testing, construction, manufacturing and commissioning service company based in Saskatchewan.


Company Summary

SECTOR

Electrical Equipment

Established

1982

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Saskatchewan Companies , Electrical Equipment Companies , Canada Companies , Saskatchewan Electrical Equipment Companies , Saskatchewan Electrical Equipment with Acquisitions , Saskatchewan Electrical Equipment with Divestitures

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