M&A Deal Summary |
|
|---|---|
| Date | 2017-02-12 |
| Target | Servotronix Motion Control |
| Sector | Technology Hardware |
| Buyer(s) | Midea Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 170M USD |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Consumer Products |
| Employees | 100,000 |
| Revenue | 409.1B CNY (2024) |
Midea Group is a producer of a wide range of lighting products, water appliances, floor care, small kitchen appliances, laundry equipment, large cooking appliances, and refrigeration products. The Company also produces specialty in home- and commercial-grade heating, ventilation and air conditioning (HVAC) products. Midea Group was formed in 1968 and is based in Foshan City, China.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| Country: Israel M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-28 |
KUKA
Augsburg, Germany KUKA develops, manufactures, and supplies automation solutions for a wide range of industrial customers. KUKA was founded in 1898 and is based in Augsburg, Germany. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-26 |
TTium Motor
Shenzhen, China TTium Motor was focused on R&D and manufacturing of pedelec’s intelligent drive system to provide the best mid-motor from China and brings an extraordinary cycling experience. TTium Motor was formed in 2015 and is based in Shenzhen, China. |
Buy | - |