M&A Deal Summary

The Vitec Group Acquires Savage Universal

On November 16, 2021, The Vitec Group acquired manufacturer Savage Universal

Acquisition Highlights
  • This is The Vitec Group’s 1st transaction in the Manufacturing sector.
  • This is The Vitec Group’s 7th transaction in the United States.
  • This is The Vitec Group’s 1st transaction in Arizona.

M&A Deal Summary
Date 2021-11-16
Target Savage Universal
Sector Manufacturing
Buyer(s) The Vitec Group
Deal Type Add-on Acquisition

Target

Savage Universal

Chandler, Arizona, United States
Savage Universal is a manufacturer of quality board and paper products. Savage Universal is based in Chandler, Arizona.

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Buyer(S) 1

Buyer

The Vitec Group

Richmond, United Kingdom
Category Company
Founded 1909
Sector Technology Hardware
Employees1,800
Revenue 291M GBP (2020)
DESCRIPTION

The Vitec Group is a provider of products and services for the broadcast and video; photographic; and military, aerospace, and government (MAG) markets worldwide. The Vitec Group was founded in 1909 and is based in Richmond, the United Kingdom.

DEAL STATS #
Overall 11 of 12
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 9 of 10
State (Arizona) 1 of 1
Country (United States) 7 of 7
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-07 Adeal Pty

Melbourne, Australia

Adeal Pty Ltd. is a distributor of consumer and professional imaging products and accessories. Adeal Pty Ltd. was established in 1976 and is based in Melbourne, Australia.

Buy £3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 Audix

Taipei, Taiwan

Audix designs, engineers and manufactures high performing, innovative microphones for the professional audio industry. Audix was founded in 1984 and is based in Taipei, Taiwan.

Buy $54M
Mergr

Product

Company

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