M&A Deal Summary

Electrolux Group Acquires Diamant Boart

On July 8, 2002, Electrolux Group acquired machinery company Diamant Boart for 1.7B SEK

Acquisition Highlights
  • This is Electrolux Group’s 3rd transaction in the Machinery sector.
  • This is Electrolux Group’s 2nd largest (disclosed) transaction.
  • This is Electrolux Group’s 3rd transaction in the United States.
  • This is Electrolux Group’s 1st transaction in Kansas.

M&A Deal Summary
Date 2002-07-08
Target Diamant Boart
Sector Machinery
Buyer(s) Electrolux Group
Deal Type Add-on Acquisition
Deal Value 1.7B SEK

Target

Diamant Boart

Olathe, Kansas, United States
Diamant Boart, Inc. is a manufacturer and distributor of diamond tools and related equipment for the construction and stone industry.

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Buyer(S) 1

Buyer

Electrolux Group

Stockholm, Sweden
Category Company
Founded 1901
Sector Consumer Products
Employees45,000
Revenue 134.5B SEK (2023)
DESCRIPTION
Electrolux plant in St. Cloud, Minnesota.
Electrolux plant in St. Cloud, Minnesota.

Electrolux Group is a multinational household and professional appliances manufacturer. Electrolux Group was founded in 1901 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 7 of 18
Sector (Machinery) 3 of 5
Type (Add-on Acquisition) 4 of 14
State (Kansas) 1 of 1
Country (United States) 3 of 6
Year (2002) 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-10-31 Electrolux Haustechnik

Germany

Electrolux Haustechnik GmbH is a manufacturer of products for water and room heating under the brand names AEG and Zanker.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-07 Electrolux - Compressor Operation

Sweden

Electrolux - Compressor Operation is a manufacturer of domestic and commercial appliance.

Sell -
Mergr

Product

Company

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