M&A Deal Summary

Proterial Acquires Hitachi Cable

On June 26, 2013, Proterial acquired electrical equipment company Hitachi Cable

Acquisition Highlights
  • This is Proterial’s 1st transaction in the Electrical Equipment sector.
  • This is Proterial’s 1st transaction in Japan.

M&A Deal Summary

Date 2013-06-26
Target Hitachi Cable
Sector Electrical Equipment
Buyer(s) Proterial
Deal Type Add-on Acquisition

Target

Hitachi Cable

Tokyo, Japan
Hitachi Cable Ltd. is a manufacturer of wires, cables and copper products to electronic materials, automobile parts, and information network devices and system integration solutions in Japan and internationally.

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Buyer(S) 1

Buyer

Proterial

Tokyo, Japan

Category Company
Founded 1910
Sector Metals/Mining
Employees28,620
Revenue 942.7B JPY (2022)
DESCRIPTION

Proterial engages in the manufacture and marketing of high-grade metal products and materials, electronics and information technology (IT) devices. Proterial was founded in 1910 and is based in Tokyo, Japan.


DEAL STATS #
Overall 2 of 3
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Japan M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-04 SinterMet

Kittanning, Pennsylvania, United States

SinterMet develops and manufactures tungsten carbide, titanium carbide, and ceramic rolls for bar, rod, and wire rolling in ferrous and nonferrous rolling mills. SinterMet was founded in 1975 and is based in Kittanning, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-19 Waupaca Foundry

Waupaca, Wisconsin, United States

Waupaca Foundry is a supplier of iron castings to the automotive, commercial vehicle, agriculture, construction, and industrial markets, produces gray iron castings, ductile iron castings, and austempered ductile iron castings using state-of-the-art processes and technology. The manufacturer also specializes in precision machining and assembly. Waupaca Foundry was founded in 1871 and is headquartered in Waupaca, Wisconsin.

Buy $1.3B