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  5. Glen Dimplex Group Acquires Ability Projects

M&A Deal Summary

Glen Dimplex Group Acquires Ability Projects

On March 31, 2016, Glen Dimplex Group acquired electrical equipment company Ability Projects

Acquisition Highlights
  • This is Glen Dimplex Group’s 2nd transaction in the Electrical Equipment sector.
  • This is Glen Dimplex Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2016-03-31
Target Ability Projects
Sector Electrical Equipment
Buyer(s) Glen Dimplex Group
Deal Type Add-on Acquisition

Target

Ability Projects

Poole, United Kingdom
Ability Projects Ltd. is specialists in the design, manufacture and supply of fan coil units (FCU’s) and digital control technology.

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Buyer(S) 1

Buyer

Glen Dimplex Group

Cloghran, Ireland
Category Company
Founded 1973
Sector Electrical Equipment
DESCRIPTION

Glen Dimplex Group is a manufacturer of electrical heating technologies, as well as holding significant global market positions in domestic appliances, cooling, ventilation and renewable energy solutions.

DEAL STATS #
Overall 3 of 7
Sector: Electrical Equipment M&A 2 of 4
Type: Add-on Acquisition M&A Deals 3 of 6
Country: United Kingdom M&A 2 of 3
Year: 2016 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-29 Real Flame Pty

Scoresby, Australia

Real Flame Pty Ltd. is a designer and manufacturer of gas fireplaces in Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-22 Cadet Manufacturing Co.

Vancouver, Washington, United States

Cadet Manufacturing Co. is a designer, developer, and builder of electric heaters.

Buy -
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