Add-on Acquisition • Electrical Equipment

CVG Acquires Midwest Harness & Cable

On June 8, 2005, CVG acquired electrical equipment company Midwest Harness & Cable for 55M USD

Acquisition Context
  • This is CVG’s 1st transaction in the Electrical Equipment sector.
  • This is CVG’s largest (disclosed) transaction.
  • This is CVG’s 1st transaction in the United States.
  • This is CVG’s 1st transaction in Illinois.
Investment Fate
  • Midwest Harness & Cable was divested to a consortium of strategic buyers in 2016.

Explore All 1521 Add-on Acquisition Electrical Equipment Deals - Search the Database Free


M&A Deal Summary

Date June 8, 2005
Target Midwest Harness & Cable
Sector Electrical Equipment
Buyer(s) CVG
Deal Type Add-on Acquisition
Deal Value 55M USD

Target Company

Midwest Harness & Cable

Naperville, Illinois, United States
Midwest Harness & Cable Corp. is a manufacturer of power distribution products, primarily customized wire harnesses, to manufacturers of construction and mining equipment, heavy duty truck engines, specialty vehicles, buses and medical equipment.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

CVG

New Albany, Ohio, United States

Category Company
Founded 2000
Sector Automotive
Employees6,400
Revenue 723M USD (2024)
DESCRIPTION

CVG is a manufacturer of components and systems for the medium and heavy-duty commercial vehicles market. CVG was founded in 2000 and is based in New Albany, Ohio.


Deal Context for Buyer #
Overall 1 of 9
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 1 of 6
State: Illinois 1 of 1
Country: United States 1 of 7
Year: 2005 1 of 1
Size (of disclosed) 1 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-31 Gage Industries - Fabrication Division

United States

Gage Industries, Inc. - Fabrication Division is a producer of heavy-gauge and twin-sheet thermoforming composites. Its products are primarily used in the production and assembly of cabinetry and a variety of other products for original equipment manufacturers (OEMs) in the heavy truck industry.

Buy $5M