M&A Deal Summary

Saab Acquires ThyssenKrupp Marine Systems AB

On June 22, 2014, Saab acquired marine company ThyssenKrupp Marine Systems AB for 340M SEK

Acquisition Highlights
  • This is Saab’s 1st transaction in the Marine sector.
  • This is Saab’s 2nd largest (disclosed) transaction.
  • This is Saab’s 5th transaction in Sweden.

M&A Deal Summary

Date 2014-06-22
Target ThyssenKrupp Marine Systems AB
Sector Marine
Buyer(s) Saab
Deal Type Divestiture
Deal Value 340M SEK

Target

ThyssenKrupp Marine Systems AB

Malmo, Sweden
ThyssenKrupp Marine Systems AB is a designer, builds and maintains naval systems such as submarines and surface vessels.

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Buyer(S) 1

Buyer

Saab

Stockholm, Sweden

Category Company
Founded 1937
Sector Defense
Employees25,369
Revenue 63.8B USD (2024)
DESCRIPTION

Saab is a provider of high-performing and cost-effective missile systems and components for air, land, and naval operations. Saab was founded in 1937 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 8 of 13
Sector: Marine M&A 1 of 3
Type: Divestiture M&A Deals 2 of 3
Country: Sweden M&A 5 of 8
Year: 2014 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-02 HITT NV

Apeldoorn, Netherlands

HITT NV is a provider of traffic control, traffic management, navigation, and hydrographic software systems in Europe, North America, and Asia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Phaeros Group BVBA

Merksem, Belgium

Phaeros Group BVBA is a provider of port management and terminal operating system solutions for the global market. Phaeros develops software applications specifically for ports and cargo terminals. Phaeros applications include a port management & community system, a single- and multi-purpose terminal management system, a maritime invoicing solution as well as an oil & gas export administration system.

Buy -