M&A Deal Summary

Hartec Manufacturing Acquires Startronics Pty.

On August 1, 2004, Hartec Manufacturing acquired electrical equipment company Startronics Pty.

Acquisition Highlights
  • This is Hartec Manufacturing’s 1st transaction in the Electrical Equipment sector.
  • This is Hartec Manufacturing’s 1st transaction in Australia.

M&A Deal Summary

Date 2004-08-01
Target Startronics Pty.
Sector Electrical Equipment
Buyer(s) Hartec Manufacturing
Deal Type Joint Venture

Target

Startronics Pty.

Balcatta, Australia
Startronics designs, manufactures and distributes a broad range of electronic applications to a variety of end-user markets, including Aristocrat, Lucent, Tyco, Raywood and Fisher & Paykel. Startronics operates manufacturing sites in Sydney, Melbourne, Brisbane and Wellington, New Zealand. Startronics also offers a wide range of specialist support services including value chain management, logistics, product service and repair, brokerage of surplus equipment and components and training.

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Buyer(S) 1

Buyer

Hartec Manufacturing

Guelph, Ontario, Canada

Category Company
Founded 1983
Sector Manufacturing
DESCRIPTION

Hartec has manufactured and supplied components and assemblies machined from a wide variety of materials for a range of industries. We have the expertise to take your product from initial design through prototyping to full production. State-of-the-art CNC equipment and software enables flexible manufacturing at the lowest cost consistent with good quality.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2004 M&A 1 of 1