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M&A Deal Summary

Valeo Acquires peiker acustic KG

On March 8, 2016, Valeo acquired technology hardware company peiker acustic KG

Acquisition Highlights
  • This is Valeo’s 1st transaction in the Technology Hardware sector.
  • This is Valeo’s 2nd transaction in Germany.

M&A Deal Summary
Date 2016-03-08
Target peiker acustic KG
Sector Technology Hardware
Buyer(s) Valeo
Deal Type Add-on Acquisition

Target

peiker acustic KG

Friedrichsdorf, Germany
peiker acustic GmbH & Co. KG is a major supplier of onboard telematics and mobile connectivity solutions. peiker supplies connectivity modules that are suitable for use in vehicles and enable fast and reliable data transmission on the road. Packaged together as the “connected car”, these modules open the door to the Internet, navigation tools and manufacturer-specific assisted services as well as emergency call (eCall) features.

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Buyer(S) 1

Buyer

Valeo

Paris, France
Category Company
Founded 1923
Sector Automotive
Employees112,700
Revenue 22.0B EUR (2023)
DESCRIPTION

Valeo is an automotive supplier, partner to all automakers worldwide. Valeo was founded in 1923 and is based in Paris, France.

DEAL STATS #
Overall 8 of 11
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 5 of 7
Country (Germany) 2 of 4
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-23 Spheros

Gilching, Germany

Spheros is engaged in the development and manufacture of air conditioning systems, heaters, coolant pumps, and other related hardware. Spheros offers tailored solutions for all passenger buses and coaches (both conventional and electric), as well as refrigerated transportation fleets. Spheros was founded in 1956 and is based in Gilching, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 FTE Automotive

Ebern, Germany

FTE automotive, headquartered in Germany, is a producer of clutch and gear actuators. Its product portfolio and customer base are highly complementary to Valeo’s. The company has 3,700 employees and a diversified industrial footprint in eight countries, including Germany, the Czech Republic, Slovakia, Mexico and China.

Buy €819M
Mergr

Product

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