1. Home >
  2. M&A >
  3. Merger >
  4. Germany >
  5. Solcon-IGEL Acquires IGEL Electric

M&A Deal Summary

Solcon-IGEL Acquires IGEL Electric

On July 8, 2021, Solcon-IGEL acquired electrical equipment company IGEL Electric

Acquisition Highlights
  • This is Solcon-IGEL’s 1st transaction in the Electrical Equipment sector.
  • This is Solcon-IGEL’s 1st transaction in Germany.

M&A Deal Summary
Date 2021-07-08
Target IGEL Electric
Sector Electrical Equipment
Buyer(s) Solcon-IGEL
Deal Type Merger

Target

IGEL Electric

Dortmund, Germany
IGEL Electric is a specialist in drive technology that integrates stand-alone motors and systems in addition to supplying solutions that are tailor-made for individual solutions, based on advanced designs. IGEL Electric was founded in 2001 and is based in Dortmund, Germany.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Solcon-IGEL

Yokneam, Israel
Category Company
Founded 1977
Sector Electrical Equipment
DESCRIPTION

Solcon-IGEL is a manufacturer and provider of medium and low voltage soft starters and motor control equipment. Sophisticated, digital motor control products ensure smooth acceleration and deceleration as it minimizes the effect of high in-rush current and mechanical torque shock. Solcon-IGEL was founded in 1977 and is based in Yokneam, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal