M&A Deal Summary

Hy-Bon Engineering Co. Acquires Electronic Design for Industry

On May 4, 2012, Hy-Bon Engineering Co. acquired electronics company Electronic Design for Industry

Acquisition Highlights
  • This is Hy-Bon Engineering Co.’s 1st transaction in the Electronics sector.
  • This is Hy-Bon Engineering Co.’s 1st transaction in the United States.
  • This is Hy-Bon Engineering Co.’s 1st transaction in Ohio.

M&A Deal Summary

Date 2012-05-04
Target Electronic Design for Industry
Sector Electronics
Buyer(s) Hy-Bon Engineering Co.
Deal Type Add-on Acquisition

Target

Electronic Design for Industry

Belpre, Ohio, United States
Electronic Design for Industry, Inc. engages in design and development of controllers to support the production needs of the oil and gas industry in the United States and Canada.

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Buyer(S) 1

Buyer

Hy-Bon Engineering Co.

Midland, Texas, United States

Category Company
Founded 1952
Sector Energy Services and Equipment
Revenue 57M USD (2013)
DESCRIPTION

Hy-Bon Engineering Co. Inc. design and fabrication of customized compressor packages for handling low pressure gas streams. Regardless of the application: whether gas from oilfield stock tanks, casinghead gas, field gas collection or biogas from wastewater facilities, digester tanks, landfills or breweries, HY-BON/EDI can design the package required. HY-BON/EDI also designs and manufactures custom compressed natural gas (CNG) packages for municipal applications.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1