Add-on Acquisition • Business Services

FAIST Acquires AKsys

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

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

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M&A Deal Summary

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

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Germany 1 of 1
Year: 2010 1 of 1