M&A Deal Summary

Neways International Acquires Sencio

On January 14, 2024, Neways International acquired automotive company Sencio from Nimbus

Acquisition Highlights
  • This is Neways International’s 1st transaction in the Automotive sector.
  • This is Neways International’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2024-01-14
Target Sencio
Sector Automotive
Buyer(s) Neways International
Sellers(s) Nimbus
Deal Type Add-on Acquisition

Target

Sencio

Nijmegen, Netherlands
Sencio is a provider of designs and assembles packaging solutions for micro-electrical-mechanical systems and integrated sensor systems. The final product is usually destined for a long life of trouble-free service in the engine compartment of cars. Sencio was founded in 1984 and is based in Nijmegen, Netherlands.

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Buyer(S) 1

Buyer

Neways International

Springville, Utah, United States

Category Company
Founded 1987
Sector Consumer Products
DESCRIPTION

Neways is a leading manufacturer and distributor of safe, effective and innovative personal care and nutritional products. Neways' mission is to enhance the health, wealth and well-being of people around the world. Products are sold through a worldwide network of independent distributors with sales in 23 countries. Neways also operates manufacturing facilities in Salem, Utah, and Auckland, New Zealand. Neways' headquarters are located in Springville, Utah.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Nimbus is a private equity firm focused on investing in medium-sized European businesses with strong market positions. The Firm seeks companies with annual turnover between €20 and €500 million in the industrial, manufacturing, business services, and technical trade sectors. Nimbus was established in 1999 and is based in Zeist, the Netherlands.


DEAL STATS #
Overall 11 of 16
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 7
Country: Netherlands M&A 5 of 6
Year: 2024 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-01 Paralloy & Firth Vickers

Billingham, United Kingdom

Paralloy & Firth Vickers is a provider of specialist engineered products that service domestic and international markets in the petrochemicals, and aerospace industries respectively. Paralloy & Firth Vickers was founded in 1967 and is based in Billingham, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Lonstroff

Hallwil, Switzerland

Lonstroff is a manufacturer/seller of medical packaging materials and medical rubber parts, primarily selling to major European pharmaceutical companies. Lonstroff was founded in 1908 and is based in Hallwil, Switzerland.

Buy -