M&A Deal Summary

IPI Group Acquires Hargram Engineering

On May 1, 2013, IPI Group acquired engineering company Hargram Engineering

Acquisition Highlights
  • This is IPI Group’s 1st transaction in the Engineering sector.
  • This is IPI Group’s 1st transaction in South Africa.

M&A Deal Summary

Date 2013-05-01
Target Hargram Engineering
Sector Engineering
Buyer(s) IPI Group
Deal Type Add-on Acquisition

Target

Hargram Engineering

Germiston, South Africa
Hargram Engineering (Pty) Ltd. is a precision machining specialist based in South Africa.

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Buyer(S) 1

Buyer

IPI Group

Signes, France

Category Company
Founded 2009
Sector Machinery
DESCRIPTION

IPI Group manufactures pumps and high and low pressure hydraulic connections destined for the industrial, construction and agricultural machinery. IPI Group was founded in 2009 and is based in Signes, France.


DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2013 M&A 1 of 1