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M&A Deal Summary

Siemens Acquires Saab Medav Technologies - Noise Vibration & Harshness Business

On March 22, 2019, Siemens acquired communications company Saab Medav Technologies - Noise Vibration & Harshness Business from Saab Medav Technologies

Acquisition Highlights
  • This is Siemens’ 1st transaction in the Communications sector.
  • This is Siemens’ 8th transaction in Germany.

M&A Deal Summary
Date 2019-03-22
Target Saab Medav Technologies - Noise Vibration & Harshness Business
Sector Communications
Buyer(s) Siemens
Sellers(s) Saab Medav Technologies
Deal Type Divestiture

Target

Saab Medav Technologies - Noise Vibration & Harshness Business

Uttenreuth, Germany
Saab Medav Technologies GmbH - Noise, Vibration, & Harshness (NVH) Business is a provider of end-of-line quality testing of combustion engines, transmissions, electric motors and motor driven components and systems.

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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 41 of 53
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 4 of 4
Country: Germany M&A 8 of 9
Year: 2019 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-04 Russelectric®

Hingham, Massachusetts, United States

Russelectric®, Inc. is a manufacturer of power control systems including paralleling switchgear and automatic transfer switches. Russelectric®, Inc. was founded in 1955 and is based in Hingham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-12 Atlas 3D

Plymouth, Indiana, United States

Atlas 3D, Inc. is a developer of software that works with direct metal laser sintering (DMLS) printers to automatically provide design engineers with the optimal print orientation and requisite support structures for additive parts in near real-time. Atlas 3D is based in Plymouth, Indiana.

Buy -

Seller(S) 1

SELLER

Saab Medav Technologies

Uttenreuth, Germany
Category Company
Founded 1982
Sector Communications
DESCRIPTION

Saab Medav Technologies GmbH provides full solutions for communications Electronic Support Measures (ESM), where contributions to tactical situation pictures and for situational awareness are produced and strategic communications intelligence (COMINT), where signal collection and in-depth analysis is applicable. Saab Medav Technologies GmbH was founded in 1982 and is based in Uttenreuth, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2019 M&A 1 of 1
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