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M&A Deal Summary

Saab Acquires Grintek

On February 21, 2005, Saab acquired technology hardware company Grintek

Acquisition Highlights
  • This is Saab’s 1st transaction in the Technology Hardware sector.
  • This is Saab’s 1st transaction in South Africa.

M&A Deal Summary
Date 2005-02-21
Target Grintek
Sector Technology Hardware
Buyer(s) Saab
Deal Type Add-on Acquisition

Target

Grintek

Centurion, South Africa
Grintek Ltd. is a manufacturer and supplier of electronics related products and services to the telecommunications, defence, mining, avionics, air traffic management, security and power utilities markets

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Buyer(S) 1

Buyer

Saab

Stockholm, Sweden
Category Company
Founded 1937
Sector Defense
Employees25,369
Revenue 63.8B USD (2024)
DESCRIPTION

Saab is a provider of high-performing and cost-effective missile systems and components for air, land, and naval operations. Saab was founded in 1937 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 2 of 13
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 10
Country: South Africa M&A 1 of 1
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-04-06 Nyge Aero AB

Nykoping, Sweden

Nyge Aero Norden provides various aviation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-13 Saab Microwave Systems AB

Gothenburg, Sweden

Saab Microwave Systems AB focuses on radar and sensor operations.

Buy -
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