Add-on Acquisition • Electronics

Cooper Industries Acquires The MTL Instruments Group

On February 14, 2008, Cooper Industries acquired electronics company The MTL Instruments Group

Acquisition Context
  • This is Cooper Industries’ 1st transaction in the Electronics sector.
  • This is Cooper Industries’ 1st transaction in the United Kingdom.

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M&A Deal Summary

Date February 14, 2008
Target The MTL Instruments Group
Sector Electronics
Buyer(s) Cooper Industries
Deal Type Add-on Acquisition

Target Company

The MTL Instruments Group

Luton, United Kingdom
The MTL Instruments Group plc provides reliability, efficiency and safety with the development and supply of system infrastructure products and protection equipment to the Process Industries.
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Buyer Overview 1

Buyer

Cooper Industries

Maynooth, Ireland

Category Company
Founded 1833
Sector Electrical Equipment
Employees26,000
Revenue 5.4B USD (2011)
DESCRIPTION

Cooper is a diversified global manufacturer of electrical components and tools. Cooper has seven operating divisions with leading positions and world-class products and brands including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is positioned for several long term growth trends including the global infrastructure build out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety.


Deal Context for Buyer #
Overall 7 of 8
Sector: Electronics 1 of 1
Type: Add-on Acquisition 6 of 7
Country: United Kingdom 1 of 1
Year: 2008 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-26 Omnex Control Systems

Port Coquitlam, British Columbia, Canada

Omnex Control Systems, Inc. is a manufacturer of wireless industrial remote controls and industrial sensor network components.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-13 Eka Systems

Germantown, Maryland, United States

Eka Systems, Inc has developed and is marketing a wireless mesh technology designed for large scale deployments in the utility, energy, and submetering markets.

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