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  5. Textron Acquires Maag Pump Systems AG

M&A Deal Summary

Textron Acquires Maag Pump Systems AG

On January 27, 1997, Textron acquired machinery company Maag Pump Systems AG

Acquisition Highlights
  • This is Textron’s 2nd transaction in the Machinery sector.
  • This is Textron’s 1st transaction in Switzerland.

M&A Deal Summary
Date 1997-01-27
Target Maag Pump Systems AG
Sector Machinery
Buyer(s) Textron
Deal Type Add-on Acquisition

Target

Maag Pump Systems AG

Oberglatt, Switzerland
Maag Pump Systems AG designs, manufactures and supplies gear pumps and systems used for processing applications in the plastics, chemical and pharmaceutical industries worldwide. MPS is the leading supplier to the fast-growing polymer industry.

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Buyer(S) 1

Buyer

Textron

Providence, Rhode Island, United States
Category Company
Founded 1923
Sector Diversified
Employees34,000
Revenue 13.7B USD (2024)
DESCRIPTION
Textron's corporate headquarters in downtown Providence, Rhode Island.
Textron's corporate headquarters in downtown Providence, Rhode Island.

Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron was founded in 1923 and is based in Providence, Rhode Island.

DEAL STATS #
Overall 9 of 48
Sector: Machinery M&A 2 of 11
Type: Add-on Acquisition M&A Deals 6 of 39
Country: Switzerland M&A 1 of 1
Year: 1997 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-27 Maag Italia

Italy

Maag Italia SPA is a manufacturer of gear pumps as well as gears for the railway industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-24 Textron - Speidel Division

Providence, United States

Textron - Speidel Division is a manufacturer of watchbands, and fashion jewelry products including identification bracelets and neckchains.

Sell -
Mergr

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