M&A Deal Summary

Variosystems Acquires Solve Engineering

On May 1, 2020, Variosystems acquired electrical equipment company Solve Engineering

Acquisition Highlights
  • This is Variosystems’ 1st transaction in the Electrical Equipment sector.
  • This is Variosystems’ 1st transaction in Switzerland.

M&A Deal Summary

Date 2020-05-01
Target Solve Engineering
Sector Electrical Equipment
Buyer(s) Variosystems
Deal Type Add-on Acquisition

Target

Solve Engineering

Buchs, Switzerland
Solve Engineering is an electronic equipment manufacturer that provides electronics engineering, software engineering, monitoring systems, and consulting services. The company provides its customers, from planning and development to organization and management to production, delivery, export, and maintenance - reliably and effectively. Solve was formed in 2000 and is based in Buchs, Switzerland.

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Buyer(S) 1

Buyer

Variosystems

Steinach, Switzerland

Category Company
Founded 1993
Sector Business Services
DESCRIPTION

Variosystems is an international electronics service provider that is 100% focused on customers and customer products. Variosystems offers sourcing, assembly, box-build, electronics engineering, and wire harnessing services to OEM customers in end-markets with high requirements such as industrial, medical, and aviation. Variosystems was founded in 1993 and is based in Steinach, Switzerland.


DEAL STATS #
Overall 1 of 2
Sector: Electrical Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-28 Heicks

Geseke, Germany

Heicks specializes in developing, constructing, and producing electronic assemblies and LED lighting. Heicks is based in Geseke, Germany.

Buy -