M&A Deal Summary

G&W Electric Co. Acquires Altea S.R.L.

On August 8, 2019, G&W Electric Co. acquired electrical equipment company Altea S.R.L.

Acquisition Highlights
  • This is G&W Electric Co.’s 1st transaction in the Electrical Equipment sector.
  • This is G&W Electric Co.’s 1st transaction in Italy.

M&A Deal Summary

Date 2019-08-08
Target Altea S.R.L.
Sector Electrical Equipment
Buyer(s) G&W Electric Co.
Deal Type Add-on Acquisition

Target

Altea S.R.L.

Ferrara, Italy
Altea S.R.L. is a voltage and current sensor manufacturer headquartered in Ferrara, Italy. Altea began operations in 2009 with the design and testing of its first innovative capacitive sensor for indoor, air-insulated applications.

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Buyer(S) 1

Buyer

G&W Electric Co.

Bolingbrook, Illinois, United States

Category Company
Founded 1905
Sector Electrical Equipment
DESCRIPTION

G&W Electric Co. has helped power the world with innovative power grid solutions and products. With the introduction of the first disconnectable cable terminating device in the early 1900s, G&W Electric began to build a reputation for innovative engineered solutions to meet the needs of systems designers. With an ever-present commitment to customer satisfaction, G&W Electric enjoys a worldwide reputation for quality products and superior service.


DEAL STATS #
Overall 1 of 2
Sector: Electrical Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Italy M&A 1 of 2
Year: 2019 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-25 Tozzi Electrical Equipment

Piacenza, Italy

Tozzi Electrical Equipment SpA is a manufacturer of electrical equipment, electrical panels and prefabricated mobile cabins for low and medium voltage. Tozzi Electrical Equipment is based in Piacenza, Italy.

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