Investment Summary

General Electric Invests In Arcam

On November 15, 2016, General Electric invested in machinery company Arcam

Investment Highlights
  • This is General Electric’s 6th transaction in the Machinery sector.
  • This is General Electric’s 1st transaction in Sweden.

Investment Summary

Date 2016-11-15
Target Arcam
Sector Machinery
Investor(s) General Electric
Deal Type Stake Purchase

Target

Arcam

Mölnlycke, Sweden
Arcam provides a cost-efficient Additive Manufacturing solution for the production of metal components. Arcam technology offers freedom in design combined with excellent material properties and high productivity. Arcam is based in Mölnlycke, Sweden.

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Investor(S) 1

Investor

General Electric

Boston, Massachusetts, United States

Category Company
Founded 1892
Sector Diversified
Employees205,000
Revenue 67.6B USD (2023)
DESCRIPTION

General Electric is a diversified technology and financial services corporation. Products and services range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products. General Electric was founded in 1892 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 40 of 41
Sector (Machinery) 6 of 6
Type (Stake Purchase) 5 of 5
Country (Sweden) 1 of 1
Year (2016) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 Bit Stew Systems

Burnaby, British Columbia, Canada

Bit Stew Systems, Inc. provides the premier platform for handling complex data integration, data analysis, and predictive automation for connected devices on the Industrial Internet of Things (IIoT). Purpose-built for the IIoT, Bit Stew’s MIx Core™ data intelligence platform solves the data integration challenge at scale for complex industrial data environments. Bit Stew has earned global recognition by being named to Gartner’s Cool Vendors List and as Frost & Sullivan’s Entrepreneurial Company of the Year – North American Service Solutions. In 2015, Bit Stew was ranked as one of the Top 100 Analytics Companies and Top 100 IoT Startups by Forbes. Incorporated in 2009, Bit Stew has offices in Canada, the USA, Australia and Europe.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Lufkin

Missouri City, Texas, United States

Lufkin is a global provider of rod lift products, technologies, services and solutions, including automated control and optimization equipment and software for rod lift equipment to the oil and gas industry. Lufkin manufactures a complete line of surface pumping units, downhole sucker rod pumps and automation systems in six manufacturing and assembly facilities worldwide. Lufkin has an extensive global service footprint that operates throughout the oil-producing world. Lufkin was founded in 1902 and is based in Missouri City, Texas.

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