M&A Deal Summary

Kollmorgen Acquires Elsim Electrotechnical Systems A.S.

On March 21, 2013, Kollmorgen acquired machinery company Elsim Electrotechnical Systems A.S.

Acquisition Highlights
  • This is Kollmorgen’s 1st transaction in the Machinery sector.
  • This is Kollmorgen’s 1st transaction in Turkey.

M&A Deal Summary

Date 2013-03-21
Target Elsim Electrotechnical Systems A.S.
Sector Machinery
Buyer(s) Kollmorgen
Deal Type Add-on Acquisition

Target

Elsim Electrotechnical Systems A.S.

Istanbul, Turkey
Elsim is a value-add motion control solutions provider with nearly 25 years’ experience delivering turnkey solutions for Turkish and Eastern European OEMs (Original Equipment Manufacturers).

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Buyer(S) 1

Buyer

Kollmorgen

Radford, Virginia, United States

Category Company
Founded 1916
Sector Machinery
Employees2,180
DESCRIPTION

Kollmorgen a provider of motion systems and components for machine builders around the globe, with over 70 years of motion control design and application expertise. Through world-class knowledge in motion, industry-leading quality and deep expertise in linking and integrating standard and custom products, Kollmorgen delivers breakthrough solutions unmatched in performance, reliability and ease-of-use, giving machine builders an irrefutable marketplace advantage.


DEAL STATS #
Overall 1 of 2
Sector: Machinery M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Turkey M&A 1 of 1
Year: 2013 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-06 MCS Engenharia

Tamboré, Brazil

MCS Engenharia Ltda, a Brazilian-based manufacturer and system integrator of standard and customized high performance motion controllers and complementary motion control components.

Buy -