M&A Deal Summary

Methode Electronics Acquires PROCOPLAST s.a.

On July 27, 2017, Methode Electronics acquired automotive company PROCOPLAST s.a.

Acquisition Highlights
  • This is Methode Electronics’ 2nd transaction in the Automotive sector.
  • This is Methode Electronics’ 1st transaction in Belgium.

M&A Deal Summary

Date 2017-07-27
Target PROCOPLAST s.a.
Sector Automotive
Buyer(s) Methode Electronics
Deal Type Add-on Acquisition

Target

PROCOPLAST s.a.

Lontzen, Belgium
PROCOPLAST s.a. is an independent manufacturer of automotive assemblies. PROCOPLAST s.a. was founded in 1989 and is headquartered in Lontzen, Belgium.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Methode Electronics

Chicago, Illinois, United States

Category Company
Founded 1946
Sector Electronics
Employees7,500
Revenue 1.1B USD (2024)
DESCRIPTION

Methode Electronics is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. Methode Electronics was founded in 1946 and is based in Chicago, Illinois.


DEAL STATS #
Overall 12 of 14
Sector: Automotive M&A 2 of 3
Type: Add-on Acquisition M&A Deals 9 of 11
Country: Belgium M&A 1 of 1
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-09 Nypro Monterrey S. de R.L.

Santa Catarina, Mexico

Nypro Monterrey, S. de R.L. is a provider of an injection molding, painting and decorating capabilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-01 Pacific Insight Electronics

Burnaby, British Columbia, Canada

Pacific Insight Electronics Corp. is a designer, developer, manufacturer and delivery of electronic products and full service solutions to the automotive, commercial vehicle and specialty markets. Pacific Insight provides OEMs as well as Tier 1 and Tier 2 customers with a range of cost competitive products including LED lighting systems, electronic control modules and wire harnesses.

Buy $114M