M&A Deal Summary

Swegon AB Acquires P. Lemmens Company SA

On July 8, 2014, Swegon AB acquired electrical equipment company P. Lemmens Company SA from Waterland Private Equity

Acquisition Highlights
  • This is Swegon AB’s 1st transaction in the Electrical Equipment sector.
  • This is Swegon AB’s 1st transaction in Belgium.

M&A Deal Summary

Date 2014-07-08
Target P. Lemmens Company SA
Sector Electrical Equipment
Buyer(s) Swegon AB
Sellers(s) Waterland Private Equity
Deal Type Add-on Acquisition

Target

P. Lemmens Company SA

Gembloux, Belgium
P. Lemmens Company SA is a provider of high tech ventilation, heating and air handling systems.

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Buyer(S) 1

Buyer

Swegon AB

Kvanum, Sweden

Category Company
Founded 1961
Sector Distribution
DESCRIPTION

Swegon AB is a distributor of indoor climate systems and products.


DEAL STATS #
Overall 5 of 7
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Belgium M&A 1 of 1
Year: 2014 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-04 Vibro-Acoustics

Markham, Ontario, Canada

Vibro-Acoustics is a provider in the design assistance to the HVAC consulting community to help them avoid noise problems in ventilation systems. At its three production sites, Vibro-Acoustics manufactures Noise Control, Vibration Isolation, Air Handling, and Restraint products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 ECONDITION

Munich, Germany

ECONDITION GmbH is a distributor of data center and industrial cooling solutions.

Buy -

Seller(S) 1

SELLER

Waterland Private Equity

Bussum, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Waterland Private Equity Investments BV is a private equity firm focused on mid-sized company investments in Central Europe. Waterland looks for businesses with €10 to €200 million in revenue and generally seeks companies operating in fragmented markets or industries undergoing change as a result of: outsourcing, the aging population, and a growing population with increased purchasing power. The Firm typically partners with entrepreneurs and management teams to accelerate the growth of their businesses or complete buyouts and consolidation strategies. Waterland Private Equity Investments was formed in 1999 and is based in Bussum, the Netherlands.


DEAL STATS #
Overall 15 of 58
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 28
Country: Belgium M&A 5 of 14
Year: 2014 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-03 Brouwerij Bosteels NV

Buggenhout, Belgium

Brouwerij Bosteels NV is a producer of beer and wines for customers. Brouwerij Bosteels was established in 1791 and is headquartered in Buggenhout, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-15 Famed

Amersfoort, Netherlands

Famed is a service provider for financial and administrative processes of healthcare providers such as dentists,opticians, veterinarians and pharmacists. Famed provides a comprehensive service offering related to the handling of health care claims, including invoicing, split-billing, pre-financing, factoring and debt collection. Famed was founded in 1988 and is based in Amersfoort, Netherlands.

Sell -