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  5. Schaeffler Acquires Ewellix

M&A Deal Summary

Schaeffler Acquires Ewellix

On January 3, 2023, Schaeffler acquired electrical equipment company Ewellix from Triton Partners

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

M&A Deal Summary
Date 2023-01-03
Target Ewellix
Sector Electrical Equipment
Buyer(s) Schaeffler
Sellers(s) Triton Partners
Deal Type Add-on Acquisition

Target

Ewellix

Gothenburg, Sweden
Ewellix is a global innovator and manufacturer of actuation and linear motion solutions. Its products are used in a wide range of applications and equipment, including medical, mobile machinery, assembly automation and robotics, as well as various general industrial applications. The company operates 6 manufacturing units across the US, Europe and Asia, enabling efficient delivery to its worldwide customer base. Ewellix is based in Gothenburg, Sweden.

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Buyer(S) 1

Buyer

Schaeffler

Herzogenaurach, Germany
Category Company
Founded 1946
Sector Automotive
Employees83,793
Revenue 18.2B EUR (2024)
DESCRIPTION

Schaeffler is a global supplier to the automotive and industrial sectors. Its portfolio includes high-precision components and systems for engine, transmission, and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. Schaeffler was founded in 1946 and is based in Herzogenaurach, Germany.

DEAL STATS #
Overall 2 of 2
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Sweden M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 Catensys

Erlangen, Germany

Catensys is a global supplier for chain drive systems. Chain drives systems are installed as part of the drive system in the internal combustion engines of passenger cars and other vehicles such as motorcycles as well as modern and environmentally friendly hybrid drives. Catensys is based in Erlangen, Germany.

Sell -

Seller(S) 1

SELLER

Triton Partners

Frankfurt, Germany

Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 21.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Triton Partners is an investment firm focused on investing in medium-size companies headquartered in Western and Northern Europe. This includes businesses in Germany, Switzerland, Austria, Denmark, Finland, Norway, and Sweden. Triton generally pursues market leading companies with the potential for change, as well as growth opportunities through operational improvements. Sectors of interest include business services, consumer products, consumer services, healthcare, and industrials. Triton Partners was formed in 1997 and is based in Frankfurt, Germany.

DEAL STATS #
Overall 45 of 57
Sector: Electrical Equipment M&A 3 of 3
Type: Add-on Acquisition M&A Deals 27 of 32
Country: Sweden M&A 16 of 16
Year: 2023 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Habeo Group

Helsinki, Finland

Habeo Group is a comprehensive service provider in the building service technology industry. Habeo Group offering covers building service technology-related services as well as renewal and renovation projects. Habeo Group was founded in 2023 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-30 Norres

Gelsenkirchen, Germany

Norres is a manufacturer of plastic industrial hoses with production sites in China and the U.S. Norres offers an extensive range of standard and made-to-measure branded industrial hoses which are used for pneumatic conveying of different media types (i.e. solids, gases or liquids) across various industries. Norres was founded in 1889 and is based in Gelsenkirchen, Germany.

Sell -
Mergr

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