M&A Deal Summary

Durr Acquires iTAC Software AG

On December 4, 2015, Durr acquired software company iTAC Software AG

Acquisition Highlights
  • This is Durr’s 1st transaction in the Software sector.
  • This is Durr’s 4th transaction in Germany.

M&A Deal Summary

Date 2015-12-04
Target iTAC Software AG
Sector Software
Buyer(s) Durr
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

iTAC Software AG

Dernbach, Germany
iTAC Software AG is an industrial Internet of Things (IoT) software. The company combines expertise in the fields of IT and production technology, and has already equipped over 140 factories worldwide in various industry segments with its cloud-based MES software, iTAC.MES.Suite.

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Buyer(S) 1

Buyer

Durr

Bietigheim-Bissingen, Germany

Category Company
Founded 1895
Sector Automotive
Employees20,142
Revenue 4.3B EUR (2024)
DESCRIPTION

Durr is a global supplier of products, systems, and services, mainly for automobile manufacturing. Durr was founded in 1895 and is based in Bietigheim-Bissingen, Germany.


DEAL STATS #
Overall 10 of 12
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 9
Country: Germany M&A 4 of 5
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-20 Mhitraa Engineering Equipment

Chennai, India

Mhitraa Engineering Equipment (P) Ltd. is a designer and manufacturer of sophisticated automatic parts cleaning systems in India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-08 MEGTEC Systems

De Pere, Wisconsin, United States

MEGTEC Systems, Inc. is a provider of an exhaust-air purification systems and dryers and coating systems for the production of electrodes for lithium-ion batteries. MEGTEC Systems was founded in 1997 and is based in De Pere, Wisconsin.

Buy €110M