Our round-up of M&A transactions in industrial manufacturing
Turning the spotlight on notable recent transactions in industrial manufacturing.
Through our projects and deep research into the industrial manufacturing sectors, our specialist team takes a look at the transaction highlights that give an insight and overview into recent M&A activity in sub-sectors such as industrial components, distributors and automation solutions.
January 2019
Pichon, a French manufacturer of slurry tankers and muck spreaders, was bought by Danish counterpart Samson Group for an undisclosed consideration.
July 2019
Indutrade, a highly-acquisitive Swedish industrial conglomerate with subsidiaries across fluid & mechanical solutions and industrial components bought Natgraph (£10m sales), a UK-based industrial print applications specialist.he start of 2019 Pichon, a French manufacturer of slurry tankers and muck spreaders, was bought by Danish counterpart Samson Group for an undisclosed consideration.
September 2019
Rubix Group, a UK-based supplier of industrial maintenance, repair and overhaul products and services acquired Germany-based Lerbs, a distributor of PPE, fastening and welding technologies as part of a strategy to expand its product range. Indeed, since September Rubix has made a number of acquisitions, and in the UK it bought Peter Campbell (Sales) Ltd, a supplier of metal cutting tools.
October 2019
Lancashire-based ELE Advanced Technologies, which designs diesel power generation units, was acquired by private equity firm LDC.
French group Manitou acquired its UK dealer, Northamptonshire-based Mawsley Machinery (£19m sales, 27 employees). The transaction enabled Mawsley’s main shareholder to exit, and was part of Manitou’s continuing strategy to develop its position in material handling, equipment distribution and aftermarket services in the UK.
November 2019
Sweden-based manufacturer of forestry machines Eco Log acquired ELFAB, a forestry equipment dealership also based in Sweden, in order to develop its sales and aftermarket position. Following the deal, Eco Log CEO Magnus Sandstrom said his company is planning international expansion, potentially buoyed by further acquisitions.
December 2019
Swedish manufacturer of front end loaders and accessories for farm tractors, Alo (owns the Quicke and Trima brands, which you may be familiar with), was acquired for £230m by JOST Werke, a German manufacturer and supplier to the truck and trailer industry.
The continued growth of Finland-based crane manufacturer, Konecranes, which is expanding organically and by acquisition. For example, at the end of last year it took a 50% stake in Singapore group MHE-Demag, in order to strengthen its market position in southeast Asia.
MARCO (£15m sales), a Kent-based innovative pack house and factory floor solutions designer, was bought by Canadian automation solutions provider ATS Automation Tooling Systems for £32m.