M&A Deal Summary

Atkore International Acquires Vergokan

On September 27, 2018, Atkore International acquired electrical equipment company Vergokan from Pentahold

Acquisition Highlights
  • This is Atkore International’s 1st transaction in the Electrical Equipment sector.
  • This is Atkore International’s 1st transaction in Belgium.

M&A Deal Summary

Date 2018-09-27
Target Vergokan
Sector Electrical Equipment
Buyer(s) Atkore International
Sellers(s) Pentahold
Deal Type Add-on Acquisition

Target

Vergokan

Oudenaarde , Belgium
Vergokan manufactures, produces, and commercializes cable support systems made in steel and used by installers of electrical circuits in industrial and administrative projects. In addition to this core activity, the group has its own galvanization facility producing both for internal purposes as for external parties. Vergokan was founded in 1982 and is based in Oudenaarde, Belgium.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Atkore International

Harvey, Illinois, United States

Category Company
Founded 1959
Sector Building Materials
Revenue 1.4B USD (2010)
DESCRIPTION

Atkore International, Inc. is a manufacture of galvanized steel tubing, sprinkler pipe, steel and flexible non-metallic conduit, pre-wired armored and metal clad electrical cables, cable tray, strut and metal framing systems.


DEAL STATS #
Overall 9 of 20
Sector: Electrical Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 9 of 20
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-02 FlexHead Industries

Holliston, Massachusetts, United States

FlexHead Industries, Inc. is a U.S. designer, manufacturer and provider of flexible fire sprinkler connections. FlexHead Industries manufactures and distributes fire sprinkler connections that are Factory Mutual Approved as well as UL listed. The company manufactures the only seismically qualified flexible sprinkler connection successfully tested. Committed to the environment and green building principles, FlexHead Industries supports LEED (Leadership in Energy and Environmental Design) principles and USGBC (U.S. Green Building Council) objectives.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 United Structural Products

Atlanta, Georgia, United States

United Structural Products LLC is a manufacturer of welded aluminum and engineered-to-order cable trays that are built per NEMA standards and certified by Underwriters Laboratories (UL). United Structural Products is based in Atlanta, Georgia.

Buy -

Seller(S) 1

SELLER

Pentahold

Nazareth, Israel

Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 125M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Pentahold NV is an independent industrial holding firm that targets small and mid-sized companies throughout the Benelux region. Pentahold looks to provide equity or the combination equity/mezzanine financing when making investments. Pentahold will consider both majority and minority stakes in portfolio companies. Pentahold NV was formed in 2006 and is based in Zaventem, Belgium.


DEAL STATS #
Overall 6 of 8
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Belgium M&A 6 of 7
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Advipro

Lille, Belgium

Advipro is a provider of GxP services in the life science industry. Advipro was founded in 2003 and is based in Lille, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-02 Devan Chemicals

Greenville, South Carolina, United States

Devan Chemicals is a provider in the development, manufacturing, and sales of textile auxiliaries and specialty chemicals. Devan Chemicals was founded in 2005 and is based in Greenville, South Carolina.

Sell -