M&A Deal Summary

HORIBA Acquires FuelCon AG

On August 10, 2018, HORIBA acquired electrical equipment company FuelCon AG

Acquisition Highlights
  • This is HORIBA’s 1st transaction in the Electrical Equipment sector.
  • This is HORIBA’s 2nd transaction in Germany.

M&A Deal Summary

Date 2018-08-10
Target FuelCon AG
Sector Electrical Equipment
Buyer(s) HORIBA
Deal Type Add-on Acquisition

Target

FuelCon AG

Barleben, Germany
FuelCon AG is a manufacturer and supplier of R&D and EOL (end of line) test beds and turnkey solutions for the E-Mobility sector, with expertise in battery and fuel cell applications. FuelCon was founded in 2001 and is based in Barleben, Germany.

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Buyer(S) 1

Buyer

HORIBA

Kyoto, Japan

Category Company
Founded 1945
Sector Technology Hardware
Employees8,955
Revenue 317.4B JPY (2024)
DESCRIPTION

HORIBA provides an extensive array of instruments and systems for applications ranging from automotive R&D, process and environmental monitoring, in-vitro medical diagnostics, semiconductor manufacturing and metrology, to a broad range of scientific R&D and QC measurements. Proven quality and trustworthy performance have established widespread confidence in the HORIBA Brand. HORIBA was founded in 1945 and is based in Kyoto, Japan.


DEAL STATS #
Overall 4 of 5
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Germany M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-14 MIRA

Nuneaton, United Kingdom

MIRA Ltd. is a provider of various testing, product design and development research services, including next-generation transportation technology, to the automotive, aerospace, railway and other industrial sectors. MIRA has a high speed circuit and special test tracks which reproduce various traffic conditions, along with a broad spectrum of test facilities. MIRA’s business areas include vehicle engineering consultancy, vehicle testing services, and on-site R&D facility leasing. In addition to serving clients in the UK, MIRA is expanding its business globally, with increasing demand from the automotive industry in Japan, America, Europe and Asia in recent years.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-03 MedTest DX

Canton, Michigan, United States

MedTest DX, Inc. designs, manufactures, and markets a range of chemistry instruments and provides supporting reagents and instrument service to physician offices, hospitals, reference laboratories, and research facilities. MedTest Dx was founded in 2011 and is based in Canton, Michigan.

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