M&A Deal Summary |
|
|---|---|
| Date | 2024-06-07 |
| Target | Teka Group |
| Sector | Consumer Products |
| Buyer(s) | Midea Group |
| Sellers(s) | HERITAGE B.V. |
| Deal Type | Divestiture |
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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 | 5 of 5 |
| Sector: Consumer Products M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Spain M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| 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 | - |
HERITAGE B.V. is an international industrial holding company. HERITAGE B.V. is based in Zug, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Consumer Products M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Spain M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-02 |
Groku Kampen
Kampen, Netherlands Groku Kampen is a producer of customized professional kitchen furniture. Groku project designers who supply kitchens and large-scale technology to catering establishments, hotels, company canteens, healthcare institutions, and governments. Groku Kampen was founded in 1978 and is based in Kampen, Netherlands. |
Sell | - |
