Philips M&A Summary
Philips has acquired 37 companies, including 5 in the last 5 years. A total of 14 acquisitions came from private equity firms. It has also divested 17 assets.
Philips’ largest acquisition to date was in 2007, when it acquired Respironics for $5.1B. It’s largest disclosed sale occurred in 2021, when it sold Versuni to Hillhouse for $3.7B. Philips has acquired in 12 different US states, and 10 countries. The Company’s most targeted sectors include medical products (40%) and electrical equipment (13%).
M&A Summary
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M&A Total Activity50
- M&A Buy Activity33
- M&A Sell Activity17
- Total Sectors Invested 11
- Total Countries Invested 10
- M&A Buy/Sell Connections 29