6 Acquisitions of Companies in the Electrical Distribution Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Electrical Distribution industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 6 acquisitions that took place in the Electrical Distribution industry.

Tengwei Electronics acquired by Guangzhou Tinci Materials Technology

Details about the transaction:

Acquisition amount:

$5,337,682

Announcement:

25 November 2022

Details about the company:

Electronic adhesives are the primary area of innovation for Tengwei Electronics.

Headquarter:

Dongguan, Hebei, China

Where to find them:

Industry:

Electrical Distribution, Electronics, Industrial

Details about the buyer:

Fine chemicals and novel materials are developed, produced, and sold by Guangzhou Tinci Materials Technology.

Headquarter:

Guanzhou, Guangdong, China

Where to find them:

ESS Metron acquired by Riot Blockchain

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

1 December 2021

Details about the company:

Switchboards, switchgear, tap boxes, bussed gutters, bespoke panels, and unitized distribution systems are all produced and delivered by ESS Metron.

Headquarter:

Denver, Colorado, United States

Where to find them:

Industry:

Electrical Distribution, Electronics, Industrial Manufacturing, Manufacturing, Wholesale

Details about the buyer:

Bitcoin cryptocurrency mining is the main focus of Riot Blockchain.

Headquarter:

Castle Rock, Colorado, United States

Where to find them:

Etion Create acquired by Reunert

Details about the transaction:

Acquisition amount:

$11,839,087

Announcement:

3 October 2022

Details about the company:

A manufacturer of original designs is Etion Create.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Industry:

Electrical Distribution, Electronics, Manufacturing

Details about the buyer:

Reunert oversees a variety of companies in the information and communication technology and electrical engineering sectors.

Headquarter:

Gauteng, NA - South Africa, South Africa

Where to find them:

Homeserve acquired by LDC

Details about the transaction:

Acquisition amount:

$17,733,641

Announcement:

24 September 2009

Details about the company:

Homeserve is a consumer service business that offers landlords and house owners maintenance and repair services.

Headquarter:

Walsall, Walsall, United Kingdom

Where to find them:

Industry:

Commercial, Electrical Distribution, Home Improvement, Home Services, Housekeeping Service

Details about the buyer:

LDC is a private equity firm that offers financing for acquisition and development capital deals in unquoted UK firms.

Headquarter:

London, England, United Kingdom

Where to find them:

Sunlight Electrical acquired by Chint Electrics

Details about the transaction:

Acquisition amount:

$2,545,109

Announcement:

18 May 2017

Details about the company:

Switchboards, distribution systems, and control panels with a worldwide standard go by the name SUNLIGHT.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Industry:

Electrical Distribution, Manufacturing

Details about the buyer:

Low voltage electric appliances are produced by Zhejiang Chint Electrics Co., Ltd.

Headquarter:

Yueqing, Zhejiang, China

Where to find them:

PG Lifelink acquired by Metalrax Group

Details about the transaction:

Acquisition amount:

$5,962,413

Announcement:

29 January 2008

Details about the company:

Since 1957, PG Lifelink has produced isolated power accessories, line isolation monitors, and isolated power panels.

Headquarter:

Erlanger, Kentucky, United States

Where to find them:

Industry:

Electrical Distribution, Energy, Industrial Manufacturing, Manufacturing

Details about the buyer:

The Metalrax Group offers a broad range of financial information on compiling, evaluating, and reporting accounting data.

Headquarter:

Birmingham, Birmingham, United Kingdom

Where to find them: