M&A Deal Summary

ADC Telecommunications Acquires KRONE

On May 18, 2004, ADC Telecommunications acquired electrical equipment company KRONE from GenTek for 350M USD

Acquisition Highlights
  • This is ADC Telecommunications’ 1st transaction in the Electrical Equipment sector.
  • This is ADC Telecommunications’ 5th largest (disclosed) transaction.
  • This is ADC Telecommunications’ 11th transaction in the United States.
  • This is ADC Telecommunications’ 1st transaction in Colorado.

M&A Deal Summary
Date 2004-05-18
Target KRONE
Sector Electrical Equipment
Buyer(s) ADC Telecommunications
Sellers(s) GenTek
Deal Type Divestiture
Deal Value 350M USD

Target

KRONE

Englewood, Colorado, United States
KRONE, Inc. is a supplier of copper and fiber-based connectivity solutions and cabling products used in public access and enterprise networks by many of the organizations.

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Buyer(S) 1

Buyer

ADC Telecommunications

Eden Prairie, Minnesota, United States
Category Company
Founded 1935
Sector Communications
Employees9,300
DESCRIPTION

ADC Telecommunications, Inc. is a provider of broadband communications network infrastructure products and related services worldwide. ADC's innovative network infrastructure equipment and professional services enable high-speed Internet, data, video, and voice services to residential, business and mobile subscribers.

DEAL STATS #
Overall 13 of 16
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 11 of 13
Year (2004) 1 of 1
Size (of disclosed) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-23 Altitun AB

Stockholm, Sweden

Altitun developed and manufactured tunable semiconductor lasers for use in optical networking applications.

Sell kr29M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-22 Fiber Optic Network Solutions

Marlborough, Massachusetts, United States

Fiber Optic Network Solutions Corp. is a designs and manufactures a complete line of high-performance passive fiber-optic components and inter-connect solutions that enable customers to implement FTTH networks.

Buy $172M

Seller(S) 1

SELLER

GenTek

Parsippany, New Jersey, United States
Category Company
Founded 1988
Sector Chemicals
Employees1,100
DESCRIPTION

GenTek, Inc. is a manufacturer of telecommunications products, industrial components and performance chemicals.

DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 2
Type (Divestiture) 1 of 2
State (Colorado) 1 of 1
Country (United States) 1 of 2
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-06 Chalum

Sacaton, Arizona, United States

Chalum, Inc. is a producer of aluminum sulfate.

Buy $3M
Mergr

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