Add-on Acquisition • Electrical Equipment

Allient Acquires HeiDrive & Co. KG

On December 23, 2015, Allient acquired electrical equipment company HeiDrive & Co. KG from Palero for 22M USD

Acquisition Context
  • This is Allient’s 4th transaction in the Electrical Equipment sector.
  • This is Allient’s 4th largest (disclosed) transaction.
  • This is Allient’s 1st transaction in Germany.

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M&A Deal Summary

Date December 23, 2015
Target HeiDrive & Co. KG
Sector Electrical Equipment
Buyer(s) Allient
Sellers(s) Palero
Deal Type Add-on Acquisition
Deal Value 22M USD

Target Company

HeiDrive & Co. KG

Kelheim, Germany
HeiDrive GmbH & Co. KG is a designer and manufacturer of customized innovative synchronous motion systems for highly demanding applications. Products include a variety of motors, gears and electronic controls.
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Buyer Overview 1

Buyer

Allient

Amherst, New York, United States

Category Company
Founded 1962
Sector Manufacturing
Employees2,287
Revenue 530M USD (2024)
DESCRIPTION

Allient is a designer and manufacturer of motor and servo motion products for the commercial, industrial, aerospace, and defense markets. Allient was founded in 1962 and is based in Amherst, New York.


Deal Context for Buyer #
Overall 4 of 15
Sector: Electrical Equipment 4 of 7
Type: Add-on Acquisition 3 of 12
Country: Germany 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-18 Globe Motors

Dayton, Ohio, United States

Globe Motors designs, manufactures, and distributes precision, subfractional horsepower motors and motorized devices throughout the world.

Buy $90M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-19 Maval Industries - Original Equipment Steering Business

Twinsburg, Ohio, United States

Maval Industries LLC - Original Equipment Steering Business provider of a streamlined supply base and single point of contact for all their steering needs.

Buy -

Seller Profile 1

SELLER
DESCRIPTION

Palero is a private investment firm focused on growth-oriented company investments throughout German-speaking Europe. The Firm looks to invest up to €20 million in mid-sized companies with revenues of €30 to €300 million. Palero does not have any sector preferences. Palero was established in 2010 and is headquartered in Munich, Germany.


Deal Context for Seller #
Overall 3 of 9
Sector: Electrical Equipment 1 of 2
Type: Add-on Acquisition 3 of 7
Country: Germany 2 of 8
Year: 2015 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 cenadruck

Alfeld, Germany

cenadruck manufactures flexible packaging solutions on rolls and pre-assembled pouches from a broad range of materials and combinations of materials. The product portfolio comprises paper, paperboard as well as a broad range of foil laminated products. cenadruck serves major German food producers. cenadruck was founded in 2012 and is based in Alfeld, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-15 Heinrich Kopp

Kahl, Germany

Heinrich Kopp GmbH is a developer, manufacturer and distributor of electrical equipment for the DIY and the professional market. Heinrich manufactures its products at its production facility at Kahl am Main, Germany as well as in Tunisia and distributes its products in various European countries.

Sell -