M&A Deal Summary

Elster Group SE Acquires SLS MicroTechnology

On May 31, 2011, Elster Group SE acquired test/measurement equipment company SLS MicroTechnology from Triginta Capital

Acquisition Highlights
  • This is Elster Group SE’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Elster Group SE’s 1st transaction in Germany.

M&A Deal Summary

Date 2011-05-31
Target SLS MicroTechnology
Sector Test/Measurement Equipment
Buyer(s) Elster Group SE
Sellers(s) Triginta Capital
Deal Type Add-on Acquisition

Target

SLS MicroTechnology

Hamburg, Germany
Miniaturised sensor products for measuring gases and fluids.

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Buyer(S) 1

Buyer

Elster Group SE

Essen, Germany

Category Company
Founded 1836
Sector Test/Measurement Equipment
Employees7,500
Revenue 1.1B GBP (2013)
DESCRIPTION

Elster Group SE is a manufacturer and supplier of integrated utility meters. The meters manufactured by Elster are used to measure energy, gas and water consumption of residential customers and industrial consumers.


DEAL STATS #
Overall 1 of 1
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Triginta Capital

Dusseldorf, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Triginta Capital is a private equity firm focused on making control investments in small and medium-sized companies in German speaking Europe. Triginta generally seeks businesses valued up to €20 million in the manufacturing and services sectors (B2B and B2C). In addition to investing in companies, Triginta also acquires entire portfolios of investments. Triginta Capital was formed in 2000 and is based in Dusseldorf.


DEAL STATS #
Overall 19 of 26
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 9
Country: Germany M&A 14 of 21
Year: 2011 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-16 CoreOptics

Nuremberg, Germany

CoreOptics GmbH is a designer of digital signal processing (DSP) solutions for high-speed optical networking applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-14 Bettmer

Wiesbaden, Germany

Bettmer is one of the leading suppliers of personalized promotional material in Germany and Austria. The company delivers promotional items to thousands of regular customers at an excellent price-performance ratio. Most of the sales are achieved through items imprinted with the trade name, logo or the like. The comprehensive range of more than 3,000 different promotional items is supplemented by cutting-edge novelties several times a year - from classic giveaways to high-quality promotional gifts.

Sell -