M&A Deal Summary

LACROIX Acquires Smartnodes

On August 29, 2019, LACROIX acquired semiconductors company Smartnodes

Acquisition Highlights
  • This is LACROIX’s 1st transaction in the Semiconductors sector.
  • This is LACROIX’s 1st transaction in Belgium.

M&A Deal Summary

Date 2019-08-29
Target Smartnodes
Sector Semiconductors
Buyer(s) LACROIX
Deal Type Add-on Acquisition

Target

Smartnodes

Liege, Belgium
Smartnodes is a company specializing in the development and marketing of communication modules fitted with sensors and edge-computing technology for Smart City solutions. Smartnodes distributes its IoT products to public authorities, as well as to the private sector. Smartnodes is based in Liege, Belgium.

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Buyer(S) 1

Buyer

LACROIX

Saint-Herblain, France

Category Company
Founded 1936
Sector Electrical Equipment
Employees3,032
Revenue 636M EUR (2024)
DESCRIPTION

LACROIX develops and produces electronic equipment for its automobile, home automation, aeronautics, industry, and healthcare customers through Lacroix Electronics. LACROIX was founded in 1936 and is based in Saint-Herblain, France.


DEAL STATS #
Overall 1 of 3
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Belgium M&A 1 of 1
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-09 eSoftThings SAS

Cesson-Sévigné, France

eSoftThings specializes in designing products and platforms for Autonomous Vehicles and Smart Devices. eSoftThings has unique knowledge in designing edge-based Advanced Driver-Assistance Systems (ADAS) and cloud or edge-based turnkey Internet of Things (IoT) platforms. The company's solutions make use of the latest technologies in the field of artificial intelligence (AI), big data, and deep learning. As an example in the field of smart energy management, it uses AI for energy monitoring, customer coaching, predictive modeling of real and peak power consumption as well as identification, analysis, and classification of usage trends. eSoftThings was formed in 2014 and is based in Cesson-Sévigné, France.

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