Add-on Acquisition • Electronics

Cattron Acquires Tyro Remotes

On July 12, 2022, Cattron acquired electronics company Tyro Remotes

Acquisition Context
  • This is Cattron’s 1st transaction in the Electronics sector.
  • This is Cattron’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date July 12, 2022
Target Tyro Remotes
Sector Electronics
Buyer(s) Cattron
Deal Type Add-on Acquisition

Target Company

Tyro Remotes

Almelo, Netherlands
Tyro Remotes manufactures radio remote controls and wireless emergency stops primarily used in mobile equipment control applications. Tyro Remotes was formed in 1995 and is based in Almelo, Netherlands.
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Buyer Overview 1

Buyer

Cattron

Warren, Ohio, United States

Category Company
Founded 1946
Sector Electronics
Revenue 54M USD (2010)
DESCRIPTION

Cattron is a manufacturer of wireless control solutions for safety and mission-critical applications. Cattron has designed, manufactured, and supplied controls that are well recognized and respected in both the rail and industrial markets. Cattron's product portfolio includes complementary machine and operator controls. Cattron was founded in 1946 and is based in Warren, Ohio.


Deal Context for Buyer #
Overall 3 of 4
Sector: Electronics 1 of 2
Type: Add-on Acquisition 2 of 3
Country: Netherlands 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 DynaGen Technologies

Dartmouth, Nova Scotia, Canada

DynaGen Technologies, Inc. is a provider of power control solutions. Its products include auto-start controllers, gen-set controllers, auto-start engine controllers, digital gen-set controllers are used in light towers and home standby applications. DynaGen Technologies was founded in 1997 and is based in Dartmouth, Nova Scotia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-17 BWI Eagle

Butler, Pennsylvania, United States

BWI Eagle designs and manufactures industrial wireless remote controls, conveyor speed switches, proximity sensors and other electronic specialty products that increase safety and productivity in commercial, industrial, and residential applications. BWI Eagle was founded in 1998 and is based in Butler, Pennsylvania.

Buy -