M&A Deal Summary

Lingyi Itech Acquires Salcomp

On June 4, 2019, Lingyi Itech acquired electrical equipment company Salcomp from Nordstjernan

Acquisition Highlights
  • This is Lingyi Itech’s 1st transaction in the Electrical Equipment sector.
  • This is Lingyi Itech’s 1st transaction in Finland.

M&A Deal Summary

Date 2019-06-04
Target Salcomp
Sector Electrical Equipment
Buyer(s) Lingyi Itech
Sellers(s) Nordstjernan
Deal Type Add-on Acquisition

Target

Salcomp

Salo, Finland
Salcomp develops and manufactures adapters for mobile phones and other electronic devices. Power adapters based on Salcomp's own product platforms are suitable also for other handheld devices, such as tablets, smart home devices, such as digital voice assistants and many other electronic applications. Salcomp was formed in 1973 and is based in Salo, Finland.

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Buyer(S) 1

Buyer

Lingyi Itech

Jiangmen, China

Category Company
Sector Manufacturing
DESCRIPTION

Lingyi Itech is a Chinese component manufacturer include magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, supply chain finance, etc.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Nordstjernan

Investor Investor Investor Investor Investor


Category Family Office
Founded 1890
PE ASSETS 23.0B SEK
Size Large
Type Sector Agnostic
DESCRIPTION

Nordstjernan is a family-backed private investment firm focused on long-term investments and acquisitions of companies throughout Sweden. The Firm looks to commit SEK 500 million to SEK 3 billion in situations where ownership is looking for a new partner to help with organic growth, acquisitions, or other strategic changes. Areas of investment interest include industrial, trade, healthcare, construction, real estate, and technology. Nordstjernan was established in 1890 and is based in Stockholm.


DEAL STATS #
Overall 6 of 14
Sector: Electrical Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 6
Country: Finland M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-22 Alligo

Stockholm, Sweden

Alligo comprises two strong and operationally independent business areas: Alligo and Components & Services. With their respective competitive offerings of products and services, high level of expertise, and good availability as well as local presence under strong brands, they satisfy the varying needs of professional end-users for industrial consumables, industrial components, and related services, primarily in the industrial, construction and public sectors in the Nordic region. In line with the company's decentralized business model, the business areas are led and operated based on their own prerequisites and goals. Alligo was founded in 1963 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-31 Rosti Automotive

Göteborg, Sweden

Rosti Automotive is a full-service supplier of the exterior, interior and under-bonnet components and systems to the European premium car market. The company has 4 manufacturing facilities within the UK as well as a design and development center in Leamington Spa. Rosti Automotive was formed in 2017 and is based in Göteborg, Sweden.

Sell -