M&A Deal Summary

Methode Electronics Acquires Cableco Technologies

On March 16, 2005, Methode Electronics acquired electrical equipment company Cableco Technologies

Acquisition Highlights
  • This is Methode Electronics’ 2nd transaction in the Electrical Equipment sector.
  • This is Methode Electronics’ 6th transaction in the United States.
  • This is Methode Electronics’ 2nd transaction in California.

M&A Deal Summary

Date 2005-03-16
Target Cableco Technologies
Sector Electrical Equipment
Buyer(s) Methode Electronics
Deal Type Add-on Acquisition

Target

Cableco Technologies

San Jose, California, United States
Cableco Technologies Corp. is a designer and manufacturer of high-current, flexible cabling systems for electronic and electrical applications.

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Buyer(S) 1

Buyer

Methode Electronics

Chicago, Illinois, United States

Category Company
Founded 1946
Sector Electronics
Employees7,500
Revenue 1.1B USD (2024)
DESCRIPTION

Methode Electronics is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. Methode Electronics was founded in 1946 and is based in Chicago, Illinois.


DEAL STATS #
Overall 6 of 14
Sector: Electrical Equipment M&A 2 of 5
Type: Add-on Acquisition M&A Deals 5 of 11
State: California M&A 2 of 2
Country: United States M&A 6 of 11
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-08 American Components - Automotive Safety Business

Dandridge, Tennessee, United States

American Components, Inc. - Automotive Safety Business includes manufacturing operations and patented intellectual property for a sensor pad manufactured by ACI for use by tier-one automotive suppliers in occupant detection systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 TouchSensor Technologies

Wheaton, Illinois, United States

TouchSensor Technologies LLC is a designer and manufacturer of touch-sensitive user interface panels found on products such as home appliances, commercial beverage dispensers and automobiles.

Buy $65M