M&A Deal Summary

Leviton Acquires Berk-Tek

On July 17, 2020, Leviton acquired electrical equipment company Berk-Tek from Nexans for 202M USD

Acquisition Highlights
  • This is Leviton’s 8th transaction in the Electrical Equipment sector.
  • This is Leviton’s largest (disclosed) transaction.
  • This is Leviton’s 7th transaction in the United States.
  • This is Leviton’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2020-07-17
Target Berk-Tek
Sector Electrical Equipment
Buyer(s) Leviton
Sellers(s) Nexans
Deal Type Divestiture
Deal Value 202M USD

Target

Berk-Tek

New Holland, Pennsylvania, United States
Berk-Tek LLC is a manufacturer of local area network copper and fiber cables for transport high-speed data, voice and power transmissions. Berk-Tek was founded in 1961 and is based in New Holland, Pennsylvania.

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Buyer(S) 1

Buyer

Leviton

Melville, New York, United States
Category Company
Founded 1906
Sector Electrical Equipment
DESCRIPTION

Leviton is a provider of intelligent environments through its electrical wiring devices, network and data center connectivity solutions, and lighting energy management systems. Leviton was formed in 1906 and is based in Melville, New York.

DEAL STATS #
Overall 12 of 13
Sector (Electrical Equipment) 8 of 8
Type (Divestiture) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 7 of 7
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 Viscor

Toronto, Ontario, Canada

Viscor, Inc. is an independent lighting manufacturer, which specializes in lighting for architectural, commercial, medical, institutional and industrial applications. Viscor was founded in 1952 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-01 Brand-Rex

Leigh, United Kingdom

Brand-Rex manufactures specialty cables used in extreme environments for automotive and industrial applications.

Sell -

Seller(S) 1

SELLER

Nexans

Paris, France
Category Company
Founded 1994
Sector Manufacturing
Employees28,541
Revenue 7.8B EUR (2023)
DESCRIPTION

Nexans provides cables and cabling solutions for energy infrastructure, industry, and building markets worldwide. It operates through three segments: Transmission, Distribution, and Operators; Industry; and Distributors and Installers. Nexans was founded in 1994 and is based in Courbevoie, France.

DEAL STATS #
Overall 2 of 4
Sector (Electrical Equipment) 1 of 2
Type (Divestiture) 2 of 4
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2020) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-30 Nexans Metallurgie Deutschland

Bramsche, Germany

Nexans Metallurgie Deutschland GmbH is an oxygen-free copper rod mill and drawing manufacturer for diversified industries with an annual capacity of 60,000 tons. It serves major first and second-tier customer base for automotive, white goods, and general industrial applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-10 Centelsa

Yumbo, Colombia

Centelsa is a manufacturing company of cables for energy and communications. Centelsa has a network of strategically located offices to cover the national and international markets, thus offering outstanding service levels. Centelsa was founded in 1955 and is based in Yumbo, Colombia.

Buy $225M
Mergr

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