Divestiture • Manufacturing

Vansco Electronics Acquires Morton Manufacturing Division/Preco Electronic

On June 2, 2005, Vansco Electronics acquired manufacturer Morton Manufacturing Division/Preco Electronic from Preco Electronics

Acquisition Context
  • This is Vansco Electronics’ 1st transaction in the Manufacturing sector.
  • This is Vansco Electronics’ 1st transaction in the United States.

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M&A Deal Summary

Date June 2, 2005
Target Morton Manufacturing Division/Preco Electronic
Sector Manufacturing
Buyer(s) Vansco Electronics
Sellers(s) Preco Electronics
Deal Type Divestiture

Target Company

Morton Manufacturing Division/Preco Electronic

United States
Morton Manufacturing Division is a full-service EMS provider.
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Buyer Overview 1

Buyer

Vansco Electronics

Winnipeg, Manitoba, Canada

Category Company
Founded 1978
Sector Electronics
Employees1,005
Revenue 180M USD (2007)
DESCRIPTION

Vansco Electronics, LP is a provider of custom electronic controls, displays, sensors and other related components are used in the agriculture, construction, bus, motor coach and recreational vehicle markets. The Company operates from Winnipeg, Manitoba and Valley City, North Dakota, serving an international customer base with both customized and standard proprietary products.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2005 1 of 1

Seller Profile 1

SELLER

Preco Electronics

Boise, Idaho, United States

Category Company
Founded 1947
Sector Technology Hardware
DESCRIPTION

Preco Electronics, Inc. is a designer and manufacturer of electronic industrial-safety products, Preco Electronics has evolved into a diversified organization that serves a broad base of customers in construction, mining, municipality, utility, service, waste and many other industries domestically and internationally. Preco Electronics, Inc. was founded in 1947 and is based in Boise, Idaho.


Deal Context for Seller #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2005 1 of 1