M&A Deal Summary

Meyer Burger Acquires Diamond Wire Material Technologies

On September 15, 2009, Meyer Burger acquired machinery company Diamond Wire Material Technologies

Acquisition Highlights
  • This is Meyer Burger’s 1st transaction in the Machinery sector.
  • This is Meyer Burger’s 1st transaction in the United States.
  • This is Meyer Burger’s 1st transaction in Colorado.

M&A Deal Summary

Date 2009-09-15
Target Diamond Wire Material Technologies
Sector Machinery
Buyer(s) Meyer Burger
Deal Type Add-on Acquisition
Advisor(s) Needham & Co. LLC (Financial)

Target

Diamond Wire Material Technologies

Colorado Springs, Colorado, United States
Diamond Wire Material Technologies (DMT) serves the Solar (photovoltaic), Optical and Semiconductor markets around the world.

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Buyer(S) 1

Buyer

Meyer Burger

Thun, Switzerland

Category Company
Founded 1953
Sector Machinery
Employees1,294
Revenue 135M CHF (2023)
DESCRIPTION

Meyer Burger has specialised in cutting hard and brittle materials and is now a leading supplier of saws for cutting silicon blocks. The machines are mainly used in the photovoltaic, semiconductor and optical industries. Meyer Burger has subsidiaries in China and Japan as well as service points in Germany, Italy and the Philippines. Meyer Burger was founded in 1953 and is based in Thun, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-07 Meyer Burger Technology - Wafering Division

Switzerland

Meyer Burger Technology - Wafering Division provides a photovoltaic and specialized substrate material for semiconductor and sapphire industries.

Sell -