M&A Deal Summary

Kendrion Acquires INTORQ KG

On November 5, 2019, Kendrion acquired electrical equipment company INTORQ KG for 80M EUR

Acquisition Highlights
  • This is Kendrion’s 3rd transaction in the Electrical Equipment sector.
  • This is Kendrion’s 0th largest (disclosed) transaction.
  • This is Kendrion’s 5th transaction in Germany.

M&A Deal Summary
Date 2019-11-05
Target INTORQ KG
Sector Electrical Equipment
Buyer(s) Kendrion
Deal Type Add-on Acquisition
Deal Value 80M EUR
Advisor(s) Deutsche Bank Corporate & Investment Banking (Financial)

Target

INTORQ KG

Aerzen, Germany
INTORQ GmbH & Co. KG is a manufacturer of spring-applied brakes and electromagnetic brakes and clutches for electrical drive technologies. INTORQ products are used in a diverse range of applications, including geared and servomotors, electric forklifts, wind power, cranes, hoists, elevators, and escalators. INTORQ was founded in 2004 and is based in Aerzen, Germany.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Kendrion

Amsterdam, Netherlands
Category Company
Founded 1859
Sector Electrical Equipment
Employees2,570
Revenue 519M EUR (2023)
DESCRIPTION

Kendrion is an entity engaged in development, production and marketing of electromagnetic components for industrial and automotive applications. The Company’s products are used in a diversity of products, such as lifts, industrial robots, medical equipment, electrical switchbox systems, diesel engines, air-conditioning and motor cooling systems. Kendrion was founded in 1859 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 8 of 8
Sector (Electrical Equipment) 3 of 3
Type (Add-on Acquisition) 8 of 8
Country (Germany) 5 of 5
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-23 Steinbeis Mechatronik

Ilmenau, Germany

Steinbeis Mechatronik GmbH is an engineering and research company engaged in the development of innovative mechatronic products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-15 Kendrion’s Automotive Business

Amsterdam, Netherlands

Kendrion’s Automotive Business designs, manufactures, and delivers intelligent actuators that help advance the global push towards electrification and sustainable energy.

Sell -
Mergr

Product

Company

Legal