M&A Deal Summary

Autoliv Acquires Tyco Electronics - Radar Sensors Business

On July 30, 2008, Autoliv acquired electronics company Tyco Electronics - Radar Sensors Business from TE Connectivity for 42M USD

Acquisition Highlights
  • This is Autoliv’s 2nd transaction in the Electronics sector.
  • This is Autoliv’s 2nd largest (disclosed) transaction.
  • This is Autoliv’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2008-07-30
Target Tyco Electronics - Radar Sensors Business
Sector Electronics
Buyer(s) Autoliv
Sellers(s) TE Connectivity
Deal Type Divestiture
Deal Value 42M USD

Target

Tyco Electronics - Radar Sensors Business

Schweinfurt, Switzerland
Tyco Electronics Ltd. - Radar Sensors Business designs and manufactures active radar proximity and attribute sensor systems used in vehicle driver assist and safety applications for the global automotive market.

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Buyer(S) 1

Buyer

Autoliv

Stockholm, Sweden

Category Company
Founded 1953
Sector Automotive
Employees59,310
Revenue 10.4B USD (2024)
DESCRIPTION

Autoliv develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Autoliv was founded in 1953 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 7
Sector: Electronics M&A 2 of 3
Type: Divestiture M&A Deals 2 of 6
Country: Switzerland M&A 1 of 1
Year: 2008 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-09 Visteon Corp - Restraint Electronics Business

United States

Visteon Corp - Restraint Electronics Business is a provider of electronic products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-28 Delphi s Occupant Protection Systems operations

Korea, South Korea

Buy -

Seller(S) 1

SELLER

TE Connectivity

Schaffhausen, Switzerland

Category Company
Founded 1941
Sector Electrical Equipment
Employees85,000
Revenue 15.8B USD (2024)
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 1941 and is based in Schaffhausen, Switzerland.


DEAL STATS #
Overall 3 of 13
Sector: Electronics M&A 2 of 2
Type: Divestiture M&A Deals 2 of 12
Country: Switzerland M&A 1 of 2
Year: 2008 M&A 1 of 1
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-18 Lineage Power Holdings

Plano, Texas, United States

Lineage Power manufactures AC-DC and DC-DC power solutions in North America. The company provides power and components for communications, computer, and data networking companies. Its products include power solutions, DC-DC converters, filter modules, front-end AC-DC rectifier solutions, heat sinks, indoor and outdoor power, isolated and non-isolated converters, product range charts, shelf-level power, and telecom power systems.

Sell $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-28 Palladium Energy

Woodridge, Illinois, United States

Palladium Energy provides custom battery solutions for electronic devices and electrical equipment such as cell phones, personal navigation devices, medical devices and data storage equipment. With a 35-year history, Palladium is an industry leader in the design and engineering of battery systems that optimize performance, dimension, size/weight, time-to-market and cost.

Sell -