M&A Deal Summary

L-3 Communications Acquires FUNA International

On December 22, 2010, L-3 Communications acquired electrical equipment company FUNA International

Acquisition Highlights
  • This is L-3 Communications’ 1st transaction in the Electrical Equipment sector.
  • This is L-3 Communications’ 2nd transaction in Germany.

M&A Deal Summary

Date 2010-12-22
Target FUNA International
Sector Electrical Equipment
Buyer(s) L-3 Communications
Deal Type Add-on Acquisition

Target

FUNA International

Emden, Germany
FUNA International GmbH, is a supplier of control and safety systems, communication systems and entertainment solutions for cruise ships, ferries and mega yachts. FUNA's fire detection and suppression systems are also used in offshore wind turbines.

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Buyer(S) 1

Buyer

L-3 Communications

New York, New York, United States

Category Company
Founded 1997
Sector Technology Hardware
Employees38,000
Revenue 9.6B USD (2017)
DESCRIPTION

L3 Technologies, Inc. is an american company that supplies command and control, communications, intelligence, surveillance and reconnaissance systems and products, avionics, ocean products. L3 Technologies was founded in 1997 and is based in New York.


DEAL STATS #
Overall 26 of 45
Sector (Electrical Equipment) 1 of 4
Type (Add-on Acquisition) 21 of 37
Country (Germany) 2 of 2
Year (2010) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-17 3Di Technologies

Hanover, Maryland, United States

3Di Technologies LLC, provides highly specialized end-to-end secure satellite communications utilized by forward-deployed United States special operations and in-theater personnel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-06 Kollmorgen Electro-Optical

Northampton, Massachusetts, United States

Kollmorgen Electro-Optical, Inc., develops and manufactures specialized equipment, including submarine photonics systems and periscopes, ship fire control systems, visual landing aids, ground electro-optical and sensor-cueing systems.

Buy $210M