M&A Deal Summary

FAIST Acquires AKsys

On May 11, 2010, FAIST acquired business services company AKsys

Acquisition Highlights
  • This is FAIST’s 1st transaction in the Business Services sector.
  • This is FAIST’s 1st transaction in Germany.

M&A Deal Summary

Date 2010-05-11
Target AKsys
Sector Business Services
Buyer(s) FAIST
Deal Type Add-on Acquisition

Target

AKsys

Worms, Germany
Aksys is an innovative system integrator for acoustics, heat protection and complex plastic applications. Aksys develops and delivers products to the automotive as well as the household appliance and construction industries. Aksys employs over 2,500 personnel in Germany, Mexico, Brazil, Spain, Poland and the USA.

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Buyer(S) 1

Buyer

FAIST

Krumbach, Germany

Category Company
Founded 1904
Sector Manufacturing
Revenue 139M EUR (2012)
DESCRIPTION

FAIST is a manufacturer of sound insulation systems, soundproof hoods as well as acoustic measurement rooms, and aeroacoustics wind tunnel systems and also assembles them. FAIST was founded in 1904 and is based in Krumbach, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2010 M&A 1 of 1