M&A Deal Summary

Siemens Acquires Bewator Holding AB

On December 13, 2005, Siemens acquired safety/security company Bewator Holding AB from EQT

Acquisition Highlights
  • This is Siemens’ 1st transaction in the Safety/Security sector.
  • This is Siemens’ 1st transaction in Sweden.

M&A Deal Summary

Date 2005-12-13
Target Bewator Holding AB
Sector Safety/Security
Buyer(s) Siemens
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

Bewator Holding AB

Solna, Sweden
Bewator, a leading European supplier of products and systems for access control, in 2002. Bewator was an established player on the European security market with a broad product portfolio.

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Buyer(S) 1

Buyer

Siemens

Munich, Germany

Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 75.9B EUR (2024)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.


DEAL STATS #
Overall 8 of 53
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 46
Country: Sweden M&A 1 of 1
Year: 2005 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-01 Electrium Sales

Cannock, United Kingdom

Electrium is the UK’s leading supplier of electrical wiring accessories and domestic circuit protection products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Turbomachinery

Germany

At the time of sale, the AG Kuehnle was, Kopp & Kausch, a leading global provider of turbomachinery - steam turbines, compressors and fans. The application areas of the products range from use in power plants over desulphurisation, refineries, chemical and sewage treatment plants up to the technical equipment of buildings. Major subsidiaries were the HV-Turbo based in Helsingør (Denmark) and the TLT-Turbo based in Zweibrücken and Bad Hersfeld.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 18 of 194
Sector: Safety/Security M&A 1 of 2
Type: Add-on Acquisition M&A Deals 8 of 76
Country: Sweden M&A 10 of 34
Year: 2005 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-05 Com Hem AB

Stockholm, Sweden

Com Hem offers broadband, TV, play and telephony services to Swedish households and companies. The company plays an important role in Sweden’s ongoing digitalisation push, with its powerful and future-proofed broadband network that covers half of the country’s households, reaching approximately 1.5 million customers.

Sell €1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-19 Memorex International

Oakdale, Minnesota, United States

Memorex International engaged in the sale and distribution of Memorex branded optical storage and household electronic products.

Sell $330M