M&A Deal Summary

Curtiss-Wright Acquires IMC Magnetics

On September 4, 2007, Curtiss-Wright acquired electrical equipment company IMC Magnetics for 38M USD

Acquisition Highlights
  • This is Curtiss-Wright’s 3rd transaction in the Electrical Equipment sector.
  • This is Curtiss-Wright’s 23rd largest (disclosed) transaction.
  • This is Curtiss-Wright’s 20th transaction in the United States.
  • This is Curtiss-Wright’s 1st transaction in Arizona.

M&A Deal Summary
Date 2007-09-04
Target IMC Magnetics
Sector Electrical Equipment
Buyer(s) Curtiss-Wright
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

IMC Magnetics

Tempe, Arizona, United States
IMC Magnetics Corp. produces solenoids, fans, motors and specialized products for numerous aerospace, commercial and industrial applications.

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Buyer(S) 1

Buyer

Curtiss-Wright

Davidson, North Carolina, United States
Category Company
Founded 1929
Sector Diversified
Employees8,600
Revenue 2.8B USD (2023)
DESCRIPTION

Curtiss-Wright is a global company that delivers highly engineered, critical function products and services to the commercial, defense, energy, and industrial markets. Curtiss-Wright operates through three segments: Commercial/Industrial, Defense, and Energy. The Commercial segment offers products/services that include surface technology services such as shot peening, laser peening, coatings and advanced surface analytics; industrial products such as electronic throttle control devices and transmission shifters; electro-mechanical actuation control components, and utility systems used on aircraft. The Defense segment produces embedded computing board level modules, integrated subsystems, turret aiming and stabilization products, and weapons handling systems. The Energy segment produces a wide range of hardware, pumps, valves, pressure vessels, fastening systems, specialized containment doors, airlock hatches, spent fuel management products, and fluid sealing technologies for nuclear power plants and nuclear equipment manufacturers. Curtiss-Wright was founded in 1929 and is based in Davidson, North Carolina.

DEAL STATS #
Overall 26 of 59
Sector (Electrical Equipment) 3 of 5
Type (Add-on Acquisition) 11 of 41
State (Arizona) 1 of 2
Country (United States) 20 of 41
Year (2007) 4 of 4
Size (of disclosed) 23 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Benshaw

Pittsburgh, Pennsylvania, United States

Benshaw designs, develops and manufactures mission critical motor control and protection product solutions for leading original equipment manufacturers (OEMs) and industrial customers.

Buy $102M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-25 Vmetro ASA

Oslo, Norway

Vmetro ASA is a supplier of commercial off-the-shelf (COTS) board- and system-level embedded computing products for applications in aerospace, defense, industrial, communication and medical markets. Key products provide real-time computing capabilities, high-density radar processing, data recording and network storage systems. Application of these products as components or subsystems enables improved response time and critical protection in server and storage appliances, utility mapping and ground penetrating radar.

Buy $72M
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