M&A Deal Summary

TotalEnergies Acquires Saft Groupe S.A.

On May 9, 2016, TotalEnergies acquired electrical equipment company Saft Groupe S.A. for 950M EUR

Acquisition Highlights
  • This is TotalEnergies’ 1st transaction in the Electrical Equipment sector.
  • This is TotalEnergies’ 2nd largest (disclosed) transaction.
  • This is TotalEnergies’ 3rd transaction in France.

M&A Deal Summary
Date 2016-05-09
Target Saft Groupe S.A.
Sector Electrical Equipment
Buyer(s) TotalEnergies
Deal Type Add-on Acquisition
Deal Value 950M EUR
Advisor(s) Goldman Sachs (Financial)

Target

Saft Groupe S.A.

Bagnolet, France
Saft Groupe S.A. is a designer and manufacturer of advanced technology batteries for industry. The Group is the world’s major manufacturer of nickel batteries and primary lithium batteries for the industrial infrastructure and processes, transportation and civil and military electronics markets. Saft is the world leader in space and defense batteries with its Li-ion technologies which are also deployed in the energy storage, transportation and telecommunication network markets. More than 4,100 employees in 19 countries, 14 manufacturing sites and an extensive sales network all contribute to accelerating the Group’s growth for the future.

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Buyer(S) 1

Buyer

TotalEnergies

Courbevoie, France
Category Company
Founded 1924
Sector Oil/Gas Exploration
Employees102,579
Revenue 218.9B USD (2023)
DESCRIPTION

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.

DEAL STATS #
Overall 3 of 21
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 11
Country (France) 3 of 10
Year (2016) 1 of 2
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-12 Total Eren

Paris, France

Total Eren has built up a substantial and diversified portfolio of wind, solar and hydraulic assets representing an installed gross capacity of 650 MW in operation or under construction worldwide. The company is currently developing numerous projects in Asia-Pacific, Africa, and Latin America. Its objective is to achieve a net installed capacity of at least 3 GW by 2023. Total Eren is based in Paris.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 Lampiris SA

Liège, Belgium

Lampiris SA is a provider of gas and green electricity to private, corporate and public sector customers. It holds a market share of 9% of the gas market and 6.5% of the electricity market, making it Belgium's third largest energy provider.

Buy -
Mergr

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