M&A Deal Summary

Enerpac Tool Group Acquires CrossControl AB

On July 20, 2012, Enerpac Tool Group acquired electronics company CrossControl AB for 40M USD

Acquisition Highlights
  • This is Enerpac Tool Group’s 3rd transaction in the Electronics sector.
  • This is Enerpac Tool Group’s 11th largest (disclosed) transaction.
  • This is Enerpac Tool Group’s 1st transaction in Sweden.

M&A Deal Summary

Date 2012-07-20
Target CrossControl AB
Sector Electronics
Buyer(s) Enerpac Tool Group
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

CrossControl AB

Alfta, Sweden
CrossControl is a provider of advanced electronic solutions for user-machine interaction, vehicle control, and mobile connectivity in critical environments.

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Buyer(S) 1

Buyer

Enerpac Tool Group

Menomonee Falls, Wisconsin, United States

Category Company
Founded 1910
Sector Machinery
Employees2,000
Revenue 590M USD (2024)
DESCRIPTION
Entrance to Actuant's corporate headquarters in Menomonee Falls, Wisconsin.
Entrance to Actuant's corporate headquarters in Menomonee Falls, Wisconsin.

Enerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 90 countries. Enerpac Tool Group businesses are in high-pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. Enerpac Tool Group was founded in 1910 and is based in Menomonee Falls, Wisconsin.


DEAL STATS #
Overall 23 of 29
Sector: Electronics M&A 3 of 3
Type: Add-on Acquisition M&A Deals 22 of 26
Country: Sweden M&A 1 of 1
Year: 2012 M&A 3 of 3
Size (of disclosed) 11 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-28 TUROTEST Medidores

Diadema, Brazil

TUROTEST Medidores Ltda. designs and manufactures instrument panels, gauges and senders serving the Brazilian agriculture and industrial markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-02 Viking SeaTech

Aberdeen, United Kingdom

Viking SeaTech Ltd. is an offshore support specialist providing a comprehensive range of equipment and services to the offshore oil and gas industry. Viking serves customers globally with its primary markets in the North Sea (U.K. and Norway) and Australia.

Buy $225M