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  5. Magneti Marelli Acquires Smart Me Up

M&A Deal Summary

Magneti Marelli Acquires Smart Me Up

On August 1, 2018, Magneti Marelli acquired software company Smart Me Up

Acquisition Highlights
  • This is Magneti Marelli’s 1st transaction in the Software sector.
  • This is Magneti Marelli’s 1st transaction in France.

M&A Deal Summary
Date 2018-08-01
Target Smart Me Up
Sector Software
Buyer(s) Magneti Marelli
Deal Type Add-on Acquisition

Target

Smart Me Up

Meylan, France
Smart Me Up is a developer of software for processing sensor’s signals, detecting and recognizing objects around the vehicle, allowing 3D environment building and object movement tracking. Smart Me Up was founded in 2012 and is based in Meylan, France.

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Buyer(S) 1

Buyer

Magneti Marelli

Corbetta, Italy
Category Company
Founded 1919
Sector Automotive
DESCRIPTION

Magneti Marelli S.p.A. is a manufacturer and marketer of automotive components.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-29 Magneti Marelli - Midas Business

France

Magneti Marelli S.p.A. - Midas Business is a provider of rapid-fit car service network comprises 607 outlets in Europe (France, Spain, Belgium, Italy, Austria, Switzerland, Poland and Portugal), 9 in Brazil and 4 in Morocco.

Sell €48M
Mergr

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