M&A Deal Summary |
|
---|---|
Date | 1998-06-11 |
Target | Rule Industries |
Sector | Marine |
Buyer(s) | ITT |
Sellers(s) | Kennametal |
Deal Type | Divestiture |
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ITT is a manufacturer of engineered critical components and customized technology solutions for growing industrial end-markets in energy infrastructure, electronics, aerospace, and transportation. ITT was founded in 1920 and is based in Stamford, Connecticut.
DEAL STATS | # |
---|---|
Overall | 5 of 37 |
Sector (Marine) | 1 of 1 |
Type (Divestiture) | 2 of 12 |
State (Massachusetts) | 1 of 3 |
Country (United States) | 3 of 21 |
Year (1998) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1997-11-14 |
Kaman Sciences
Colorado Springs, Colorado, United States Kaman Sciences Corporation is a high-technology services company serving a broad range of government agencies. |
Buy | $135M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1998-06-25 |
Shanghai VALEO Automotive Electrical Systems
Shanghai, China Shanghai VALEO Automotive Electrical Systems Co., Ltd. is a manufacturer of automotive components. |
Sell | $1.7B |
Category | Company |
---|---|
Founded | 1938 |
Sector | Machinery |
Employees | 8,700 |
Revenue | 2.1B USD (2023) |
Kennametal is a provider of innovative resistant products, application engineering and services backed by advanced material science, serving customers in 60 countries across diverse sectors of aerospace, earthworks, energy, industrial production, transportation and infrastructure. Kennametal was founded in 1938 and is based in Pittsburgh, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 1 of 8 |
Sector (Marine) | 1 of 1 |
Type (Divestiture) | 1 of 8 |
State (Massachusetts) | 1 of 1 |
Country (United States) | 1 of 7 |
Year (1998) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1997-10-12 |
Greenfield Industries
Seneca, South Carolina, United States Greenfield Industries, Inc. is a worldwide manufacturer of consumable cutting tools and related products used in a variety of industrial, electronics, energy and construction, engineered and consumer markets. Greenfield also manufactures and sells various products for the marine industry. |
Buy | $1.0B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-05-06 |
Widia Group
Germany Widia is a manufacturer and marketer of metalworking tools, engineered products and related services in Europe and India. |
Buy | €188M |