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  5. Sharp Acquires Skytec UMC

M&A Deal Summary

Sharp Acquires Skytec UMC

On February 22, 2017, Sharp acquired marketing company Skytec UMC

Acquisition Highlights
  • This is Sharp’s 1st transaction in the Marketing sector.
  • This is Sharp’s 1st transaction in Cyprus.

M&A Deal Summary
Date 2017-02-22
Target Skytec UMC
Sector Marketing
Buyer(s) Sharp
Deal Type Add-on Acquisition

Target

Skytec UMC

Larnaca, Cyprus
Skytec UMC Ltd. is a provider of an infrastructure from manufacturing to sales, after sales service and marketing of TV devices in Europe.

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Buyer(S) 1

Buyer

Sharp

Sakai, Japan
Category Company
Founded 1912
Sector Electronics
Employees40,123
Revenue 2.16T JPY (2025)
DESCRIPTION

Sharp is a electronics manufacturer. The company primarily operates and markets its products in Japan, North America, Europe, and China. Sharp was founded in 1912 and is based in Sakai, Japan.

DEAL STATS #
Overall 2 of 2
Sector: Marketing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Cyprus M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-31 Recurrent Energy

San Francisco, California, United States

Recurrent Energy is a provider of solar projects for utilities, government, and commercial customers. We develop, build, and operate distributed solar power systems—typically 2-20MW each—connected to the existing distribution grid. We market renewable power to our customers in North America and Europe at competitive rates via a Power Purchase Agreement (PPA) or Feed-in Tariff (FiT).

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Mergr

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