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  5. Garia Acquires Melex

M&A Deal Summary

Garia Acquires Melex

On November 16, 2021, Garia acquired automotive company Melex

Acquisition Highlights
  • This is Garia’s 1st transaction in the Automotive sector.
  • This is Garia’s 1st transaction in Poland.

M&A Deal Summary
Date 2021-11-16
Target Melex
Sector Automotive
Buyer(s) Garia
Deal Type Add-on Acquisition

Target

Melex

Mielec, Poland
Melex is a manufacturer of electric vehicles and offers over 100 different models for almost any niche in the segment. From 250kg and up to 1,6 tons of cargo, or 2-8 passengers as service vehicles for factories, logistic centers, supermarkets, municipalities, tourism, airports, etc. Melex is based in Mielec, Poland.

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Buyer(S) 1

Buyer

Garia

Greve, Denmark
Category Company
Founded 2005
Sector Automotive
DESCRIPTION

Garia is a manufacturer of electric low-speed vehicles for the utility, consumer, and golf markets. Garia launched Garia Utility in 2015, a growing line of compact vehicles for utility applications, including the public sector (municipalities, hospitals, universities, parks), facility management (industrial sites, hotels, resorts), leisure and outdoor (zoos, amusement parks, forestry, and agriculture), and last-mile delivery. Garia was founded in 2005 and is based in Greve, Denmark.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Poland M&A 1 of 1
Year: 2021 M&A 1 of 1
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