M&A Deal Summary

Glen Dimplex Group Acquires Cadet Manufacturing

On September 22, 2016, Glen Dimplex Group acquired electrical equipment company Cadet Manufacturing

Acquisition Highlights
  • This is Glen Dimplex Group’s 3rd transaction in the Electrical Equipment sector.
  • This is Glen Dimplex Group’s 1st transaction in the United States.
  • This is Glen Dimplex Group’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-09-22
Target Cadet Manufacturing
Sector Electrical Equipment
Buyer(s) Glen Dimplex Group
Deal Type Add-on Acquisition

Target

Cadet Manufacturing

Vancouver, Washington, United States
Cadet Manufacturing Co. is a designer, developer, and builder of electric heaters.

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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 4 of 7
Sector (Electrical Equipment) 3 of 4
Type (Add-on Acquisition) 4 of 6
State (Washington) 1 of 1
Country (United States) 1 of 2
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-31 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Technika

Somerton, Australia

Technika is a home appliance company. Technika was established in 1997 and is headquartered in Somerton, Australia.

Buy -
Mergr

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