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  5. Generac Acquires Pramac

M&A Deal Summary

Generac Acquires Pramac

On February 15, 2016, Generac acquired electrical equipment company Pramac

Acquisition Highlights
  • This is Generac’s 5th transaction in the Electrical Equipment sector.
  • This is Generac’s 3rd transaction in Italy.

M&A Deal Summary
Date 2016-02-15
Target Pramac
Sector Electrical Equipment
Buyer(s) Generac
Deal Type Add-on Acquisition

Target

Pramac

Siena, Italy
Pramac produces and sells power generation systems and material handling equipment primarily under the Pramac® and Lifter® brands. The company has a full range of stationery, mobile, and portable power generation equipment up to 3,360 kVA that are sold through a broad distribution network across the world. Pramac was founded in 1996 and is headquartered in Siena, Italy,

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Buyer(S) 1

Buyer

Generac

Waukesha, Wisconsin, United States
Category Company
Founded 1959
Sector Machinery
Employees8,315
Revenue 4.3B USD (2024)
DESCRIPTION
Generac Holdings' corporate headquarters in Waukesha, Wisconsin.
Generac Holdings' corporate headquarters in Waukesha, Wisconsin.

Generac designs and manufactures a range of generators and other engine-powered products. Generac was established in 1959 and is based in Waukesha, Wisconsin.

DEAL STATS #
Overall 10 of 25
Sector: Electrical Equipment M&A 5 of 11
Type: Add-on Acquisition M&A Deals 8 of 20
Country: Italy M&A 3 of 3
Year: 2016 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 DR Power Equipment

Vergennes, Vermont, United States

DR Power Equipment is a designer, assembler, and marketer of professional grade outdoor power equipment for homeowners under the DR and Neuton brand names. DR Power Equipment was founded in 1985 and is based in Vergennes, Vermont.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-30 Tank Utility

Boston, Massachusetts, United States

Tank Utility, Inc. is a provider of propane level monitoring services. The companies further plan to enter a separate commercial relationship to collaborate on the development of an elegant app-based solution to monitor propane fuel tank levels. Tank Utility, Inc. was formed in 2014 and is based in Boston, Massachusetts.

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