Divestiture • Aerospace

thyssenkrupp Acquires Atlas Elektronik

On December 30, 2005, thyssenkrupp acquired aerospace company Atlas Elektronik from BAE System

Acquisition Context
  • This is thyssenkrupp’s 1st transaction in the Aerospace sector.
  • This is thyssenkrupp’s 2nd transaction in Germany.

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M&A Deal Summary

Date December 30, 2005
Target Atlas Elektronik
Sector Aerospace
Buyer(s) thyssenkrupp
Sellers(s) BAE System
Deal Type Divestiture

Target Company

Atlas Elektronik

Bremen, Germany
Atlas Elektronik is a company for electronics and systems and specializes in equipment and systems for naval forces.
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Buyer Overview 1

Buyer

thyssenkrupp

Essen, Germany

Category Company
Founded 1811
Sector Diversified
Employees101,592
Revenue 35.0B EUR (2024)
DESCRIPTION

thyssenKrupp is a multinational conglomerate corporation operating two divisions Materials and Technologies. The Materials division produces carbon steel, and stainless steel, and as well as produces material services while the Technology Division focuses on elevator, plant and components technology, and marine solutions. thyssenKrupp was founded in 1811 and is based in Essen, Germany.


Deal Context for Buyer #
Overall 3 of 17
Sector: Aerospace 1 of 2
Type: Divestiture 2 of 5
Country: Germany 2 of 5
Year: 2005 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-07 Standardkessel

Duisburg, Germany

Standardkessel GmbH is an international supplier of services for all aspects of energy and power generation plant: maintenance, upkeep, repair, efficiency enhancement of the boilers as well as maintenance of flue-gas desulphurization units and heat exchangers in conventional power plants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-31 AT.PRO tec Technologie-Team

Essen, Germany

AT.PRO tec Technologie-Team GmbH specializes in consultancy, engineering and optimization of metallurgical production processes in metal industry. AT.PRO tec also markets a series of pan-European patented processes for upgrading furnace performance.

Buy -

Seller Profile 1

SELLER

BAE System

Camberley, United Kingdom

Category Company
Founded 1970
Sector Defense
Employees107,400
Revenue 26.3B GBP (2024)
DESCRIPTION
BAE office in Reston, Virginia.
BAE office in Reston, Virginia.

BAE Systems is a provider of defense and security products and services. From sophisticated cyber services and military support, to mission critical electronic systems and protection equipment, BAE aims to be at the forefront of defense technology and science. BAE Systems was founded in 1970 and is headquartered in Camberley, England.


Deal Context for Seller #
Overall 2 of 7
Sector: Aerospace 1 of 1
Type: Divestiture 2 of 7
Country: Germany 1 of 1
Year: 2005 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-27 United Defense Industries

Arlington, Virginia, United States

United Defense Industries, Inc. was a leader in the design, development and production of combat vehicles, artillery, naval guns, missile launchers and precision munitions.

Buy $4.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Safariland

Jacksonville, Florida, United States

Safariland is a manufacturer of protective products and equipment primarily for law enforcement and military customers. Key product categories include body armor, duty gear, tactical armor, and armor systems, less-lethal products, and firearms accessories. Safariland was established in 1964 and is based in Jacksonville, Florida.

Buy -

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