M&A Deal Summary

Grakon Acquires Hamsar Diversco

On May 10, 2016, Grakon acquired automotive company Hamsar Diversco

Acquisition Highlights
  • This is Grakon’s 1st transaction in the Automotive sector.
  • This is Grakon’s 1st transaction in Canada.
  • This is Grakon’s 1st transaction in Ontario.

M&A Deal Summary

Date 2016-05-10
Target Hamsar Diversco
Sector Automotive
Buyer(s) Grakon
Deal Type Add-on Acquisition

Target

Hamsar Diversco

Burlington, Ontario, Canada
Hamsar Diversco, Inc. is a developer and manufacturer of custom OEM lighting and electronics solutions for various vehicle and industrial end markets.

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Buyer(S) 1

Buyer

Grakon

Seattle, Washington, United States

Category Company
Founded 1977
Sector Automotive
Revenue 159M USD (2018)
DESCRIPTION

Grakon LLC is a designer and manufacturer of highly-engineered and customized lighting systems and components for transportation markets. Grakon was founded in 1977 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 BMAC

Audenshaw, United Kingdom

BMAC Ltd. is a designer, manufacturer and distributor of LED lighting systems and electronic control for the rail markets, buses and trams in Europe. Its products include indoor and outdoor fixtures, switch assemblies, control panels, bells and other electromechanical components.

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