M&A Deal Summary |
|
|---|---|
| Date | 2008-06-16 |
| Target | Cinterion Wireless Modules |
| Sector | Technology Hardware |
| Buyer(s) |
EQT
Granville |
| Sellers(s) | Siemens |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 242.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 65 of 318 |
| Sector: Technology Hardware M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 20 of 52 |
| Country: Germany M&A | 14 of 44 |
| Year: 2008 M&A | 7 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-01 |
Strauss Innovation & Co. KG
Langenfeld, Germany Strauss Innovation is a private-label retail chain with approximately 100 stores in Germany. The company is well known for its innovative assortment concept combining interior decorations as well as women's and men's apparel. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-09 |
Granngarden
Malmö, Sweden Granngarden is a nationwide Swedish retailer offering products centered around gardening, animals, and nature. Granngarden was founded in 1880 and is based in Malmö, Sweden. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 500M EUR |
| Size | Middle-Market |
| Type | Sector Agnostic |
Granville is a private equity firm dedicated to investments in Germany. Granville does not have an industry focus and looks for companies with annual revenues between € 30 and € 300 million. Target transaction situations include management buyouts/buy-ins, growth financings, successions, and spin-offs. The Firm is affiliated with investment bank and asset manager Robert W. Baird & Co and its private equity arm Baird Private Equity. Granville was formed in 1999 and is based in Hamburg.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 13 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 13 of 13 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-16 |
Balzac Coffee
Hamburg, Germany Balzac Coffee operates of chain of coffee shops in Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-08-02 |
Cinterion Wireless Modules
Munich, Germany Cinterion Wireless Modules GmbH is a provider of industrial Machine-to-Machine (M2M) wireless communication modules. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1847 |
| Sector | Diversified |
| Employees | 320,000 |
| Revenue | 75.9B EUR (2024) |
Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 27 |
| Sector: Technology Hardware M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 10 of 23 |
| Country: Germany M&A | 8 of 16 |
| Year: 2008 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-06 |
Fabrica Electrotécnica Josa SA
Barcelona, Spain Fabrica Electrotecnica Josa, SA produces electrical materials. The company offers various low tension products, such as small electrical materials for domestic installations; and industrial materials, such as sockets in 2P+T, 3P+T, 3P+N+T, and in surface (wall base), panel mounting (semi flush base), connector base, extension, and pin versions for low voltage industrial facilities; and products for use in specialist areas, such as agricultural facilities, shipyards, warehouses, construction sites, and laboratories. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-29 |
Unify
Boca Raton, Florida, United States Unify is a global communications software and services company. Unify provides integrated communications solutions for the Fortune Global 500 clients. Unify was founded in 2006 and is based in Boca Raton, Florida. |
Buy | $350M |
