M&A Deal Summary

TSK Electronica y Electricidad S.A. Acquires TSK Flagsol Engineering

On November 27, 2013, TSK Electronica y Electricidad S.A. acquired engineering company TSK Flagsol Engineering from Flagsol

Acquisition Highlights
  • This is TSK Electronica y Electricidad S.A.’s 1st transaction in the Engineering sector.
  • This is TSK Electronica y Electricidad S.A.’s 1st transaction in Germany.

M&A Deal Summary

Date 2013-11-27
Target TSK Flagsol Engineering
Sector Engineering
Buyer(s) TSK Electronica y Electricidad S.A.
Sellers(s) Flagsol
Deal Type Divestiture

Target

TSK Flagsol Engineering

Essen, Germany
TSK Flagsol Engineering provides engineering services.

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Buyer(S) 1

Buyer

TSK Electronica y Electricidad S.A.

Gijon, Spain

Category Company
Founded 1986
Sector Engineering
DESCRIPTION

TSK, is a business group in engineering development and the supply of facilities of the highest quality.


DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Flagsol

Cologne, Germany

Category Company
Founded 2007
Sector Engineering
DESCRIPTION

Ferrostaal is a provider of industrial services in plant construction and engineering. As technology-independent system integrator its business is focused around strong core business units in the competence areas of projects, trading, and assembly solutions. Ferrostaal has subsidiaries in more than forty countries with a focus on growth regions. Key markets include South America, Europe, South-East Asia and the Middle East/North Africa.


DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2013 M&A 1 of 1