M&A Deal Summary

discoverIE Group Acquires Contour Electronics Asia

On January 8, 2016, discoverIE Group acquired electrical equipment company Contour Electronics Asia

Acquisition Highlights
  • This is discoverIE Group’s 6th transaction in the Electrical Equipment sector.
  • This is discoverIE Group’s 1st transaction in China.

M&A Deal Summary

Date 2016-01-08
Target Contour Electronics Asia
Sector Electrical Equipment
Buyer(s) discoverIE Group
Deal Type Add-on Acquisition

Target

Contour Electronics Asia

Hong Kong, China
Contour Electronics Asia Ltd. manufactures custom cabling and connector products. The company was incorporated in 2013 and is based in Kwun Tong, Hong Kong.

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Buyer(S) 1

Buyer

discoverIE Group

Guildford, United Kingdom

Category Company
Founded 1986
Sector Electronics
Employees4,497
Revenue 423M GBP (2024)
DESCRIPTION

discoverIE Group is an electronics, designing, manufacturing, and distributing electronic, photonic, and medical products for the industrial and healthcare sectors. discoverIE Group was founded in 1986 and is based in Guildford, England.


DEAL STATS #
Overall 15 of 21
Sector: Electrical Equipment M&A 6 of 9
Type: Add-on Acquisition M&A Deals 14 of 20
Country: China M&A 1 of 1
Year: 2016 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-08 Contour Holdings

Guildford, United Kingdom

Contour Holdings Ltd. designs and manufactures custom cabling assemblies and connectors for use in industrial and medical applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-12 Plitron Manufacturing

Toronto, Ontario, Canada

Plitron Manufacturing, Inc. is a designer and manufacturer of custom toroidal transformers for transportation, medical and industrial applications.

Buy CA$4M