M&A Deal Summary |
|
|---|---|
| Date | 2023-08-29 |
| Target | Moritex |
| Sector | Manufacturing |
| Buyer(s) | Cognex |
| Sellers(s) | Trustar Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 275M USD |
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| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Test/Measurement Equipment |
| Employees | 2,441 |
| Revenue | 915M USD (2024) |
Cognex is a provider of vision systems, vision software, vision sensors and surface inspection systems used in manufacturing automation. Cognex products include barcode readers, machine vision sensors and machine vision systems that are used in factories, warehouses and distribution centers around the world to guide, gauge, inspect, identify and assure the quality of items during the manufacturing and distribution process. Cognex was founded in 1981 and is based in Natick, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 10 of 10 |
| Country: Japan M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-08 |
SAC Sirius Advanced Cybernetics
Karlsruhe, Germany SAC Sirius Advanced Cybernetics focus on development, production, and sales of high-quality components and tools, SAC offers a product range that is perfectly tailored to the customer’s requirements and sets new standards in industrial image processing. SAC Sirius Advanced Cybernetics was founded in 1996 and is based in Karlsruhe, Germany. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 8.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Trustar Capital is the private equity arm of financial services/asset manager CITIC Group. Trustar Capital separates its private equity investment activity into three groups; China, Japan, and the US. In general, Trustar looks to invest in companies with 'strong franchises', with established brands and high barriers to entry. For US-based opportunities, the firm looks to leverage its connections in China. Broad areas of interest include niche manufacturing, consumer products, and business services. The Firm does not invest in start-ups or distressed businesses. Trustar Capital is based in Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 28 |
| Sector: Manufacturing M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 12 of 12 |
| Country: Japan M&A | 7 of 8 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-01 |
Kaneko
Shizuoka, Japan Kaneko is a recycling industry which provides one-stop services for the collection, transportation, and processing of various waste materials. Shizuoka was founded in 1948 and is based in Shizuoka, Japan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-31 |
Mark Styler
Shibuya, Japan Mark Styler designs, develops and does retailing of women’s apparels under various brands including MERCURYDUO, EMODA, dazzlin, MURUA and Ungrid. Mark Styler was founded in 2005 and is based in Shibuya, Japan. |
Sell | - |