M&A Deal Summary

Yokogawa Electric Acquires Utility Service - TechComm Simulation Division

On September 30, 1998, Yokogawa Electric acquired utilities company Utility Service - TechComm Simulation Division from Utility Service

Acquisition Highlights
  • This is Yokogawa Electric’s 1st transaction in the Utilities sector.
  • This is Yokogawa Electric’s 1st transaction in Australia.

M&A Deal Summary

Date 1998-09-30
Target Utility Service - TechComm Simulation Division
Sector Utilities
Buyer(s) Yokogawa Electric
Sellers(s) Utility Service
Deal Type Divestiture

Target

Utility Service - TechComm Simulation Division

Australia
Utility Service Corporation - TechComm Simulation Division is a power plant simulator training division providing facilities and services to the water, gas, railroad and other transportation.

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Buyer(S) 1

Buyer

Yokogawa Electric

Tokyo, Japan

Category Company
Founded 1915
Sector Electrical Equipment
Employees19,601
Revenue 458.0B JPY (2014)
DESCRIPTION

Yokogawa Electric Works Ltd. is active in the industrial automation and control (IA), test and measurement, and aviation and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food.


DEAL STATS #
Overall 3 of 15
Sector: Utilities M&A 1 of 1
Type: Divestiture M&A Deals 2 of 4
Country: Australia M&A 1 of 1
Year: 1998 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-08 Marex Technology

United Kingdom

Marex Technology Ltd. is a British company specializing in plant information management systems (PIMS) software for oil refineries and chemical and petrochemical plants. Plant information management systems are fundamental systems positioned between on-site production control systems in plants, such as distributed control systems, and supervisory management information systems, such as SAP R/3.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-09 3A International

Tempe, Arizona, United States

3A International, Inc. is a provider of IEEE 1394 test equipment. Company was the first to market with an integrated 1394 test suite, introduced in 1996. 3A's early presence and technical expertise in the market led to successful industry adoption and use of 3A products for most 1394 development projects. 3A was a logical addition to the Yokogawa family because of its robust product line, history of rapidly developing innovative 1394 test equipment, and the quality customer relationships built by 3A since its inception.

Buy -

Seller(S) 1

SELLER

Utility Service

Melbourne, Australia

Category Company
Sector Utilities
DESCRIPTION

Utility Service Corporation Limited, an Australian company providing facilities and services to the water, gas, railroad and other transportation, electric power, and utility industries in the Australian and Asian markets,has an enviable 18-year record in the development, production, marketing and engineering of power plant training simulation systems. Other assets include the service business of operational training programs for operators who actually use the simulation systems. Based in Sydney.


DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 1998 M&A 1 of 1