M&A Deal Summary |
|
|---|---|
| Date | 2019-11-19 |
| Target | Methode Electronics - Active Energy Solutions |
| Sector | Electronics |
| Buyer(s) | Enconnex |
| Sellers(s) | Methode Electronics |
| Deal Type | Divestiture |
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Enconnex is a designer and manufacturer of quality, cost-efficient solutions for data center infrastructure, including racks, cabinets, and accessories, and connectivity, power, cooling and containment products. Enconnex was founded in 2012 and is based in Reno, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Electronics) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1946 |
| Sector | Electronics |
| Employees | 7,500 |
| Revenue | 1.1B USD (2024) |
Methode Electronics is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. Methode Electronics was founded in 1946 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Electronics) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-20 |
Grakon
Seattle, Washington, United States Grakon LLC is a designer and manufacturer of highly-engineered and customized lighting systems and components for transportation markets. Grakon was founded in 1977 and is based in Seattle, Washington. |
Buy | $420M |
