M&A Deal Summary

Siemens Acquires Electrium Sales

On December 1, 2005, Siemens acquired electrical equipment company Electrium Sales from LDC

Acquisition Highlights
  • This is Siemens’ 1st transaction in the Electrical Equipment sector.
  • This is Siemens’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2005-12-01
Target Electrium Sales
Sector Electrical Equipment
Buyer(s) Siemens
Sellers(s) LDC
Deal Type Add-on Acquisition

Target

Electrium Sales

Cannock, United Kingdom
Electrium is the UK’s leading supplier of electrical wiring accessories and domestic circuit protection products.

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Buyer(S) 1

Buyer

Siemens

Munich, Germany

Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 75.9B EUR (2024)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.


DEAL STATS #
Overall 7 of 53
Sector: Electrical Equipment M&A 1 of 3
Type: Add-on Acquisition M&A Deals 6 of 46
Country: United Kingdom M&A 1 of 8
Year: 2005 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-08 Myrio

Bothell, Washington, United States

Myrio Corp., a Internet protocol television software company, to increase its commitment to the rapidly growing home entertainment market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-13 Bewator Holding AB

Solna, Sweden

Bewator, a leading European supplier of products and systems for access control, in 2002. Bewator was an established player on the European security market with a broad product portfolio.

Buy -

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 8 of 210
Sector: Electrical Equipment M&A 1 of 5
Type: Add-on Acquisition M&A Deals 3 of 97
Country: United Kingdom M&A 7 of 204
Year: 2005 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-02 Road Angel

Nottingham, United Kingdom

Road Angel provides consumers and businesses products that utilize GPS technology to provide satellite navigation, accident blackspot, and speed camera locator information to car drivers. The team has successfully developed and launched a B2B telematics offering which provides a tracking facility combined with data from the car’s engine management system (including service history/requirement and P11D information). Road Angel was formed in 2002 and is based in Nottingham, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Steelite

Staffordshire, United Kingdom

Steelite is a manufacturer, designer, distributor, and supplier of award-winning tabletop and buffet products for the hospitality and foodservice industries. Steelite was founded in 1983 and is based in Staffordshire, United Kingdom.

Sell $43M