M&A Deal Summary

LDC Acquires ELEY

On October 6, 2014, private equity firm LDC acquired manufacturer ELEY from IMI for 42M GBP

Acquisition Highlights
  • This is LDC’s 5th transaction in the Manufacturing sector.
  • This is LDC’s 30th largest (disclosed) transaction.
  • This is LDC’s 151st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-10-06
Target ELEY
Sector Manufacturing
Buyer(s) LDC
Sellers(s) IMI
Deal Type Divestiture
Deal Value 42M GBP

Target

ELEY

Sutton Coldfield, United Kingdom
ELEY is manufacturer of .22LR rimfire ammunition. ELEY was founded in 1828 and is based in Sutton Coldfield, United Kingdom.

Search 201,292 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

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 159 of 304
Sector (Manufacturing) 5 of 14
Type (Divestiture) 14 of 24
Country (United Kingdom) 151 of 292
Year (2014) 13 of 16
Size (of disclosed) 30 of 69
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 Coal and Coke Merchants

Harrogate, United Kingdom

Coal and Coke Merchants help public and private sector businesses understand and manage their environmental risks, reducing the impact to the environment, their operation and their reputation. Coal and Coke Merchants focus on consulting, preventing and responding to your environmental risks, so you can focus on your customers. Coal and Coke Merchants was founded in 1926 and is based in Harrogate, United kingdom.

Buy £60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Fevertree Drinks

London, United Kingdom

Fevertree Drinks is a manufacturer and supplier of premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. Fevertree Drinks was founded in 2013 and is based in London, England.

Sell -

Seller(S) 1

SELLER

IMI

Birmingham, United Kingdom

Category Company
Founded 1862
Sector Engineering
Employees10,771
Revenue 2.2B GBP (2023)
DESCRIPTION

IMI is a global engineering group focused on the precise control and movement of fluids in critical applications. IMI works with international companies in over 50 countries to deliver innovative engineering solutions to address global trends such as clean energy, energy efficiency, healthcare and increasing automation. IMI was founded in 1862 and is based in Birmingham, the United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 2 of 2
Country (United Kingdom) 2 of 2
Year (2014) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-24 Automotive Technician Training

Shenfield, United Kingdom

A high quality blended eLearning system is the future for colleges, schools and training companies. Here at ATT/IMI we are already working with hundreds of providers and making their difficult job easier. Our training solution is the answer to your problems. Because of the help given by many automotive manufacturers and suppliers our system gets better every year. Here is a list and our acknowledgements. And here is what our customers say!

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-14 Bopp & Reuther Messtechnik

Speyer, Germany

Bopp & Reuther Messtechnik GmbH is a manufacturer of safety, control and shut-off valve technology for the process industries as well as conventional fossil and nuclear power plants worldwide. Its head office and manufacturing plant is located in Mannheim and it has service centres in Germany, Austria, Romania and China.

Buy €16M