M&A Deal Summary

Ninebot Acquires Segway

On April 15, 2015, Ninebot acquired automotive company Segway

Acquisition Highlights
  • This is Ninebot’s 1st transaction in the Automotive sector.
  • This is Ninebot’s 1st transaction in the United States.
  • This is Ninebot’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2015-04-15
Target Segway
Sector Automotive
Buyer(s) Ninebot
Deal Type Add-on Acquisition

Target

Segway

Bedford, New Hampshire, United States
Segway, Inc. is a provider in personal, green transportation, developing products that transform the way you work, play and live. Since the introduction of the Segway® Personal Transporter (PT), Segway has established itself as a provider in the emerging small electric vehicle (SeV) space.

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Buyer(S) 1

Buyer

Ninebot

Beijing, China

Category Company
Founded 2012
Sector Technology Hardware
DESCRIPTION

Ninebot, Inc. is a provider of short distance transportation solutions to market and making life easier through technological innovation.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1