M&A Deal Summary

The Würth Group Acquires Grupo Electro Stocks S.L.

On June 7, 2019, The Würth Group acquired distribution company Grupo Electro Stocks S.L. from Apax

Acquisition Highlights
  • This is The Würth Group’s 1st transaction in the Distribution sector.
  • This is The Würth Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-06-07
Target Grupo Electro Stocks S.L.
Sector Distribution
Buyer(s) The Würth Group
Sellers(s) Apax
Deal Type Add-on Acquisition

Target

Grupo Electro Stocks S.L.

Barcelona, Spain
Grupo Electro Stocks S.L. is a distributor a range of electrical components to installers, repairmen, and builders. Grupo Electro operates a network of 75 points of sale, selling a wide range of electrical components, primarily to electrical installers. Grupo Electro Stocks S.L. was founded in 1981 and is based in Barcelona, Spain.

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Buyer(S) 1

Buyer

The Würth Group

Künzelsau, Germany

Category Company
Founded 1945
Sector Distribution
Employees77,000
DESCRIPTION

The Würth Group is a global distributor of fasteners and other products. Würth is subdivided into two areas, including the Würth Line and the Allied Companies. Allied Companies are companies that operate as trade or production businesses in related business areas, as well as financial service providers. Würth was established in 1945 and is headquartered in Künzelsau, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Cardinal Fastener & Specialty Co.

Bedford Heights, Ohio, United States

Cardinal Fastener & Specialty Co., Inc. is a manufacturer of fasteners.

Sell -

Seller(S) 1

SELLER

Apax

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 77.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.


DEAL STATS #
Overall 133 of 174
Sector: Distribution M&A 4 of 4
Type: Add-on Acquisition M&A Deals 48 of 60
Country: Spain M&A 4 of 6
Year: 2019 M&A 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-01 Huayue Education

Beijing, China

Huayue Education is a provider of Chinese language learning and teaching solutions with a national presence. It offers Chinese language curriculum development through reading products and services to students and teachers to improve students’ language abilities and exam outcomes. Through a subscription model, the company offers both an online reading app and physical books to students as well as integrated trainings and solutions to teachers and schools. Huayue Education is based in Beijing, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 EVRY ASA

Fornebu, Norway

EVRY provides information technology services, financial institutions, national public sector entities, municipalities and health authorities.

Sell -