M&A Deal Summary

TE Connectivity Acquires Deutsch Group SAS

On April 3, 2012, TE Connectivity acquired technology hardware company Deutsch Group SAS from Wendel Group for 1.6B EUR

Acquisition Highlights
  • This is TE Connectivity’s 1st transaction in the Technology Hardware sector.
  • This is TE Connectivity’s largest (disclosed) transaction.
  • This is TE Connectivity’s 1st transaction in France.

M&A Deal Summary

Date 2012-04-03
Target Deutsch Group SAS
Sector Technology Hardware
Buyer(s) TE Connectivity
Sellers(s) Wendel Group
Deal Type Divestiture
Deal Value 1.6B EUR

Target

Deutsch Group SAS

Rueil Malmaison, France
website
Deutsch is a global seller of specialty connection products used in harsh environments.

Search 192,611 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TE Connectivity

Schaffhausen, Switzerland

website


Category Company
Founded 2000
Sector Electrical Equipment
Employees85,000
Revenue 16.3B USD (2022)
DESCRIPTION

TE Connectivity is a designer and manufacturer of products at the heart of electronic connections for industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity was founded in 2000 and is based in Schaffhausen, Switzerland.


DEAL STATS #
Overall 6 of 15
Sector (Technology Hardware) 1 of 2
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2012) 2 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-03 Deutsch Engineered Connecting Devices

Hemet, California, United States

Deutsch Engineered Connecting Devices LLC is a manufacturer of electrical connectors in US.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-10 TE Connectivity - Professional Services

United Kingdom

TE Connectivity - Professional Services is a provider of engineering, furnishing and installation services to communication service providers.

Sell $24M

Seller(S) 1

SELLER
DESCRIPTION

Wendel Group is a publicly traded investment group that seeks to invest €200 to €700 in public and private companies. The Firm focuses on opportunities across France, Germany, and the Benelux, but will also consider opportunities in greater Europe, North America, and select regions of Africa. Target companies typically exhibit predictable cash-flows, high barriers to entry, and are leaders in their respective markets. Wendel was originally established in 1704 and is based in Paris.


DEAL STATS #
Overall 2 of 13
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 2 of 5
Year (2012) 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-27 IHS

London, United Kingdom

IHS is one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world. IHS provides mission-critical telecommunications infrastructure to customers, most of who are leading MNOs, who in turn provide wireless voice and data services to their end-users. IHS was founded in 2001 and is based in London, the United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-31 Nippon Oil Pump

Kumagaya-shi, Japan

Nippon Oil Pump is a developer, manufacturer, and seller of hydraulic pumps and motors used for machine tools and construction machines. Nippon Oil Pump was formed in 1919 and is based in Tokyo , Japan.

Buy ¥3.3B