M&A Deal Summary

UTC Fire & Security Acquires Marioff Oy

On May 14, 2007, UTC Fire & Security acquired manufacturer Marioff Oy from Nordic Capital for 250M EUR

Acquisition Highlights
  • This is UTC Fire & Security’s 1st transaction in the Manufacturing sector.
  • This is UTC Fire & Security’s 0th largest (disclosed) transaction.
  • This is UTC Fire & Security’s 1st transaction in Finland.

M&A Deal Summary
Date 2007-05-14
Target Marioff Oy
Sector Manufacturing
Buyer(s) UTC Fire & Security
Sellers(s) Nordic Capital
Deal Type Add-on Acquisition
Deal Value 250M EUR

Target

Marioff Oy

Vantaa, Finland
Marioff Corporation Oy designs, develops, and manufactures water mist fire protection technology and supplies system solutions. It also provides service contracts, spare parts, upgrades and modifications, and installation services. The company’s products keep people, properties, and businesses safe from fire, on land and at sea using water mist.

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Buyer(S) 1

Buyer

UTC Fire & Security

Farmington, Connecticut, United States
Category Company
Sector Safety/Security
DESCRIPTION

UTC Climate, Controls and Security Systems is a climate, fire and security products and services provider and is a wholly owned subsidiary of United Technologies Corporation.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 1 of 1
Year (2007) 1 of 1

Seller(S) 1

SELLER

Nordic Capital

Stockholm, Sweden

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 31.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Nordic Capital is a private equity investment firm that targets mid to large-sized company investments located in Northern Europe as well as the US. Nordic seeks investments across a wide range of industries and prefers situations where there are 'opportunities for new industrial combinations, strategic repositioning, international expansion and operational improvements'. Nordic Capital was formed in 1989 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 22 of 79
Sector (Manufacturing) 4 of 7
Type (Add-on Acquisition) 10 of 24
Country (Finland) 2 of 3
Year (2007) 1 of 4
Size (of disclosed) 13 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-24 BE Group

Malmö, Sweden

BE Group is an independent trading and service company, that offers a range of steel, stainless steel, and aluminum products. The company provides commercial steel products, including beams, hollow profiles, bars, plate, and tubes for use in the engineering and construction sectors; reinforcement steel and reinforcement accessories used in concrete applications; engineering steel products comprising structural and machine steel with various alloys and in various finishes; and stainless steel products consisting of plates, strips, bars, beams, tubes, and flanges. BE Group was founded in 1868 and is based in Malmö, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-18 Nopco Paper Technology AS

Drammen, Norway

Nopco Paper Technology is a leading European producer of a wide range of specialty chemical products which  are used  by  pulp & paper manufacturers during  the processes of producing pulp,  and  making  coating and recycling paper. Nopco’s products are sold on the basis of performance and value­added and play a vital role in improving the productivity and efficiency levels achieved in its customers’ production processes as well as enhancing finished product quality.

Sell -
Mergr

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