M&A Deal Summary

GE Transportation Acquires Iders

On December 8, 2016, GE Transportation acquired manufacturer Iders

Acquisition Highlights
  • This is GE Transportation’s 1st transaction in the Manufacturing sector.
  • This is GE Transportation’s 1st transaction in Canada.
  • This is GE Transportation’s 1st transaction in Manitoba.

M&A Deal Summary
Date 2016-12-08
Target Iders
Sector Manufacturing
Buyer(s) GE Transportation
Deal Type Add-on Acquisition

Target

Iders

Oakbank, Manitoba, Canada
Iders, Inc. is an electronic product design and manufacturing resource that focuses on rail products, contract product development services (PDS), and contract electronic manufacturing services (EMS).

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Buyer(S) 1

Buyer

GE Transportation

Chicago, Illinois, United States
Category Company
Sector Transportation
Employees9,000
Revenue 3.9B USD (2017)
DESCRIPTION

GE Transportation is a supplier of equipment, services and digital solutions to the rail, mining, marine, stationary power and drilling industries.

DEAL STATS #
Overall 4 of 4
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Manitoba) 1 of 1
Country (Canada) 1 of 1
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-30 ShipXpress

Neptune Beach, Florida, United States

ShipXpress, Inc. is a provider of cloud-based software solutions that enable transportation, industrial, and commodities businesses to efficiently operate with supply chain partners. ShipXpress provides software solutions to help businesses of all types and sizes manage data, simplify manual processes, and improve analysis. ShipXpress was formed in 2000 and is based in Neptune Beach, Florida.

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