M&A Deal Summary

Raymarine Holdings Acquires Tacktick

On June 29, 2011, Raymarine Holdings acquired technology hardware company Tacktick from Suunto Oy

Acquisition Highlights
  • This is Raymarine Holdings’ 1st transaction in the Technology Hardware sector.
  • This is Raymarine Holdings’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-06-29
Target Tacktick
Sector Technology Hardware
Buyer(s) Raymarine Holdings
Sellers(s) Suunto Oy
Deal Type Divestiture

Target

Tacktick

Emsworth, United Kingdom
Tacktick Ltd. offers a range of wireless, solar power displays and a wireless masthead wind instrument that are a popular, easy-to-install refit option for the do-it-yourselfer. In recent product rollouts, the company has added features geared for the performance sailor as well.

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Buyer(S) 1

Buyer

Raymarine Holdings

Portsmouth, United Kingdom

Category Company
Founded 2000
Sector Electronics
DESCRIPTION
Raymarine exhibit at the 2015 Palm Beach International Boat Show.
Raymarine exhibit at the 2015 Palm Beach International Boat Show.

Raymarine Holdings Ltd. is a provider of electronic equipment for the recreational boating and light commercial marine markets.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Suunto Oy

Vantaa, Finland

Category Company
Founded 1936
Sector Consumer Products
Employees578
DESCRIPTION

Suunto Oy manufactures and markets outdoor and sports instruments with the objective of providing sports participants with information about their environment and performance, thus helping them to improve their performance. Suunto is the world’s leading manufacturer of wristop computers and compasses as well as the second largest manufacturer of dive computers.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-19 Fitz-Wright Holdings

Langley, British Columbia, Canada

Fitz-Wright Holdings Ltd. manufactures and offers diving suits. The company is based in Langley, Canada.

Sell -