M&A Deal Summary |
|
|---|---|
| Date | 2018-10-31 |
| Target | Wartsila - Pumps Business |
| Sector | Manufacturing |
| Buyer(s) | Solix Group |
| Sellers(s) | Wartsila |
| Deal Type | Divestiture |
SEARCH BY
Solix Group AB is an investment firm focused on opportunities in Denmark and Sweden. Solix looks for companies generating sales greater than SEK 500 million. Solix Group is based in Malmo, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 11 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 4 |
| Country: Denmark M&A | 6 of 8 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-10 |
Carsoe
Aalborg, Denmark Carsoe is a provider of processing equipment and services to the food, liquid processing and seafood industries including related aftersales services. The company holds a global market position within onboard processing equipment for large fishing vessels and has recently won a number of new large orders to Russian Fishery Company and Artic Storm Group. Carsoe was founded in 1976 and is based in Aalborg, Denmark. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-25 |
Terratech
Rosersberg, Sweden Terratech is a supplier of innovative solutions for tool carriers and its offering of tiltrotators, quick couplers, control systems, and attachments offer undisputable benefits to fleet owners and operators. Terratech is based in Rosersberg, Sweden. |
Buy | - |
Wartsila is a provider of smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency, and data analytics, Wartsila maximises the environmental and economic performance of the vessels and power plants of its customers. Wartsila was established in 1834 and is based in Helsinki, Finland.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 6 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 6 |
| Country: Denmark M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-19 |
Transas
Portsmouth, United Kingdom Transas is a provider of marine navigation solutions that include complete bridge systems, digital solutions and electronic charts. The company is also a leader in professional training and simulation services, ship traffic control, as well as monitoring, and decision-support tools. Transas leverages the latest advances in machine learning to create a unified cloud-based platform for managing operations across the entire marine ecosystem. The company has 22 regional offices worldwide and a distribution network that spans 120 countries. Its workforce of approximately 1000 employees includes a large and competent team of engineers who, together with Wärtsilä’s team, will accelerate the development of smart digital products. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-12 |
Elac Sonar
Kiel, Germany Elac Sonar is a maritime defense system offering through its innovative technology in the surface ship and submarine sonars, underwater communication systems, and echo sounders. Elac Sonar was founded in 1926 and is based in Kiel, Germany. |
Sell | - |
