M&A Deal Summary

Rogers Acquires MTI Global - Silicones Business

On April 30, 2009, Rogers acquired electrical equipment company MTI Global - Silicones Business from MTI Global for 7M USD

Acquisition Highlights
  • This is Rogers’ 1st transaction in the Electrical Equipment sector.
  • This is Rogers’ 4th largest (disclosed) transaction.
  • This is Rogers’ 1st transaction in Canada.

M&A Deal Summary

Date 2009-04-30
Target MTI Global - Silicones Business
Sector Electrical Equipment
Buyer(s) Rogers
Sellers(s) MTI Global
Deal Type Divestiture
Deal Value 7M USD

Target

MTI Global - Silicones Business

Canada
MTI Global - Silicones Business include product lines, technology, and manufacturing equipment.

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Buyer(S) 1

Buyer

Rogers

Chandler, Arizona, United States

Category Company
Founded 1832
Sector Electronics
Employees3,350
Revenue 803M USD (2020)
DESCRIPTION

Rogers develops and manufactures high performance specialty materials focusing on the wireless communications and computer markets. Rogers was founded in 1832 and is based in Chandler, Arizona.


DEAL STATS #
Overall 1 of 8
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 3
Country: Canada M&A 1 of 1
Year: 2009 M&A 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-31 SK Utis Co.

Seoul, South Korea

SK Utis is a supplier of technically advanced polyurethane foam solutions to leading Korean OEMs.

Buy $29M

Seller(S) 1

SELLER

MTI Global

Mississauga, Ontario, Canada

Category Company
Sector Chemicals
DESCRIPTION

MTI Global, Inc. is a developer, designing and manufacturing custom-engineered products using silicone and other materials.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Canada M&A 1 of 1
Year: 2009 M&A 1 of 1
Size (of disclosed) 1 of 1