M&A Deal Summary

Stryten Manufacturing Acquires Galvion - Vehicle Power Division

On November 15, 2021, Stryten Manufacturing acquired electrical equipment company Galvion - Vehicle Power Division from Galvion

Acquisition Highlights
  • This is Stryten Manufacturing’s 1st transaction in the Electrical Equipment sector.
  • This is Stryten Manufacturing’s 1st transaction in the United States.
  • This is Stryten Manufacturing’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2021-11-15
Target Galvion - Vehicle Power Division
Sector Electrical Equipment
Buyer(s) Stryten Manufacturing
Sellers(s) Galvion
Deal Type Divestiture

Target

Galvion - Vehicle Power Division

Portsmouth, New Hampshire, United States
Galvion’s Vehicle Power Division has developed groundbreaking, safe, and reliable lithium-ion energy storage solutions to meet demanding military requirements. Galvion’s Symbasys SWitchPack and SWATPACK lithium battery products serve the public sector market.

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Buyer(S) 1

Buyer

Stryten Manufacturing

Milton, Georgia, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Stryten Manufacturing is a provider of innovative energy storage solutions. Stryten Manufacturing combines more than 130 years of experience manufacturing high-quality, top-performing batteries with deep industry expertise, providing the marketplace with smart power solutions to keep people and industry moving every day. Stryten operates seven manufacturing plants strategically positioned across the United States to serve the evolving needs of its customers and partners.

DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 TRM

Milwaukee, Wisconsin, United States

TRM is a manufacturer of proprietary and custom injection molding products serving the industrial lead battery, automotive, and consumer markets. TRM was founded in 1977 and is based in Milwaukee, Wisconsin.

Buy -

Seller(S) 1

SELLER

Galvion

Portsmouth, New Hampshire, United States
Category Company
Sector Safety/Security
DESCRIPTION

Galvion designs develop and deliver the mission-critical head, face, and torso protective solutions, as well as power and data management systems and advanced solutions for military and tactical clients worldwide. Galvion is based in Portsmouth, New Hampshire.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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