M&A Deal Summary

Morita Acquires Bronto Skylift Oy Ab

On December 11, 2015, Morita acquired machinery company Bronto Skylift Oy Ab from Federal Signal for 80M EUR

Acquisition Highlights
  • This is Morita’s 1st transaction in the Machinery sector.
  • This is Morita’s 0th largest (disclosed) transaction.
  • This is Morita’s 1st transaction in Finland.

M&A Deal Summary
Date 2015-12-11
Target Bronto Skylift Oy Ab
Sector Machinery
Buyer(s) Morita
Sellers(s) Federal Signal
Deal Type Divestiture
Deal Value 80M EUR

Target

Bronto Skylift Oy Ab

Tampere, Finland
website
Bronto Skylift Oy Ab is a designer, manufacturer and marketer of truck mounted hydraulic platforms for rescue and firefighting as well as for construction work.

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Buyer(S) 1

Buyer

Morita

Osaka, Japan

website

Category Company
Founded 1907
Sector Machinery
Employees1,796
Revenue 83.6B JPY (2022)
DESCRIPTION

Morita is a developer of various types of disaster sites and disaster-related products including fire extinguishers which are indispensable for suppressing fire, to recycle facility equipment and plants and vehicles designed for environmental protection such as waste collection trucks which support environmental health. Morita was founded in 1907 and is based in Osaka, Japan.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (Finland) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Federal Signal

Oak Brook, Illinois, United States

website

Category Company
Founded 1901
Sector Safety/Security
Employees3,900
Revenue 1.2B USD (2021)
DESCRIPTION

Federal Signal is a manufacturer of niche products in four operating groups, safety and signaling products, custom signage, consumable industrial tooling and emergency and environmental vehicles. Federal Signal was incorporated in 1901 and is based in Oak Brook, Illinois.

DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Divestiture) 2 of 2
Country (Finland) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-21 FSTech

Illinois, United States

FSTech provides electronic toll collection and parking management hardware and software services.

Sell $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 Westech Vac Systems

Nisku, Alberta, Canada

Westech Vac Systems Ltd. is a manufacturer of high-quality, rugged vacuum trucks.

Buy -
Mergr

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