M&A Deal Summary

Datamars Acquires Tru-Test Group

On May 4, 2018, Datamars acquired test/measurement equipment company Tru-Test Group from AGR Partners

Acquisition Highlights
  • This is Datamars’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Datamars’ 2nd transaction in New Zealand.

M&A Deal Summary

Date 2018-05-04
Target Tru-Test Group
Sector Test/Measurement Equipment
Buyer(s) Datamars
Sellers(s) AGR Partners
Deal Type Add-on Acquisition

Target

Tru-Test Group

Auckland, New Zealand
Tru-Test Group is a livestock equipment manufacturer, helping farmers improve productivity and profitability by delivering the world’s best livestock tools, products, and systems. Tru-Test Group was founded in 1964 and is based in Auckland, New Zealand.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Datamars

Lamone, Switzerland

Category Company
Founded 1988
Sector Technology Hardware
DESCRIPTION

Datamars is a provider of electronic tagging systems for the pet, livestock, and textile industries. Datamars provide complete systems tuned to deliver optimized performance in a range of vertical segments: professional laundries, animal identification, and other industries where identification in critical environment conditions is necessary. Datamars was founded in 1988 and is based in Lamone, Switzerland.


DEAL STATS #
Overall 3 of 3
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: New Zealand M&A 2 of 2
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-03 Simcro

Hamilton, New Zealand

Simcro Ltd. develops specialized animal merchandise like nozzles, injectors and fan sprays for worldwide pharmaceutical firms like Pfizer Inc , Novartis and Sanofi's animal health unit Merial Ltd.

Buy -

Seller(S) 1

DESCRIPTION

AGR Partners is a private investment firm focused on equity and junior capital investments in the agriculture and food sectors. Specific areas of interest include agribusinesses and food companies in the traditional value chain, companies focused on healthy living products: superfoods and nutraceuticals, and higher growth sectors including vegetable and animal based protein, including seafood companies. AGR looks to invest $15 to $100 million to support a variety of transaction types, including growth capital financings, acquisition capital, privatizations, and special situations. AGR Partners was established in 2012 and is headquartered in Visalia, California.


DEAL STATS #
Overall 1 of 4
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: New Zealand M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-20 Titan Farms

Ridge Spring, South Carolina, United States

Titan Farms is a peach producer and processor. Titan provides fresh-packed, IQF sliced, IQF diced, and pureed peaches as well as USDA peach cups to customers throughout North America. Titan Farms was founded in 1999 and is based in Ridge Spring, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-31 3D Corporate Solutions

Monett, Missouri, United States

3D Corporate Solutions is a provider of pet food ingredients. The company develops, processes, distributes and sells a variety of products using chicken, turkey, beef, lamb, and various other protein sources. 3D Corporate Solutions was founded in 2002 and is based in Monett, Missouri.

Sell -