M&A Deal Summary

Tractel Acquires Safety Products Group

On June 24, 2016, Tractel acquired building materials company Safety Products Group

Acquisition Highlights
  • This is Tractel’s 1st transaction in the Building Materials sector.
  • This is Tractel’s 1st transaction in the United States.
  • This is Tractel’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2016-06-24
Target Safety Products Group
Sector Building Materials
Buyer(s) Tractel
Deal Type Add-on Acquisition

Target

Safety Products Group

Chaska, Minnesota, United States
Safety Products Group (SPG) is an operator in the passive fall protection systems. Safety Products Group (SPG) was founded in 2012 and is based in Luxembourg.

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Buyer(S) 1

Buyer

Tractel

Foetz, Luxembourg
Category Company
Founded 1941
Sector Machinery
Employees1,100
Revenue 170M EUR (1970)
DESCRIPTION

Tractel provides lifting and access-related products. This includes lifting, material handling, measurement of tension and loads, suspended working platforms, building maintenance installations and fall arrest safety equipment. Tractel was founded in 1941 and is based in Foetz, Luxembourg.

DEAL STATS #
Overall 1 of 2
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 Scanclimber Oy

Pirkkala, Finland

Scanclimber Oy is a provider of mast climbing work platforms (MCWP). Scanclimber supplies rack and pinion vertical access products. Scanclimber Oy was established in 1964 and is based in Pirkkala, Finland.

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