M&A Deal Summary

Benshaw Acquires Excel Industrial Electronics

On August 13, 2020, Benshaw acquired electrical equipment company Excel Industrial Electronics

Acquisition Highlights
  • This is Benshaw’s 1st transaction in the Electrical Equipment sector.
  • This is Benshaw’s 1st transaction in the United States.
  • This is Benshaw’s 1st transaction in Michigan.

M&A Deal Summary
Date 2020-08-13
Target Excel Industrial Electronics
Sector Electrical Equipment
Buyer(s) Benshaw
Deal Type Add-on Acquisition

Target

Excel Industrial Electronics

Clinton Township, Michigan, United States
Excel Industrial Electronics, Inc. provides variable speed drive and motion control solutions within a variety of industries and applications. Excel Industrial Electronics was founded in 1981 and is based in Clinton Township, Michigan.

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Buyer(S) 1

Buyer

Benshaw

Pittsburgh, Pennsylvania, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Benshaw, Inc. is a manufacturer of applied motor control solutions for mission critical industrial applications. Benshaw is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Hiconics Europe

Sendenhorst, Germany

Hiconics Europe manufacturers of medium voltage drive worldwide and is responsible for the production, sales, and service of the Hiconics electrical drives product range. As a member of the international Hiconics sales organization, it has access to the technology and the production of the Chinese market leader in Medium Voltage Frequency Drives. Hiconics Europe was founded in 2019 and is based in Sendenhorst, Germany.

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