5 Acquisitions in the Industrial Engineering industry - Flippa

Company acquisitions in the Industrial Engineering 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 5 acquisitions that took place in the Industrial Engineering industry.

Air Affairs Australia acquired by QinetiQ

Details about the transaction:

Acquisition amount: $34,467,218

Announcement: 3 October 2022

Details about the company:

Specialized airborne services are offered by the aviation operation and engineering-based firm Air Affairs Australia.

Headquarter:

Where to find them: Website

Industry: Aerospace, Industrial Engineering, Technical Support

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Discovery Downhole Services acquired by Cathedral Energy Services

Details about the transaction:

Acquisition amount: $16,333,582

Announcement: 11 February 2022

Details about the company:

Tools, equipment, and services for drilling applications in the oil and gas sectors are offered by Discovery Downhole Services.

Headquarter:

Where to find them: Website

Industry: Energy, Industrial Automation, Industrial Engineering, Oil and Gas

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount: $66,668,992

Announcement: 5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Where to find them: Website

Industry: Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

P2ML acquired by Mitie

Details about the transaction:

Acquisition amount: $2,753,918

Announcement: 1 April 2022

Details about the company:

P2ML offers the telecoms sector a wide variety of engineering services.

Headquarter:

Where to find them: Website

Industry: Civil Engineering, Industrial Engineering

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Peute Group acquired by SCG Packaging

Details about the transaction:

Acquisition amount: $79,343,335

Announcement: 18 July 2022

Details about the company:

The Peute Group is a stand-alone recycler with a focus on paper and plastic processing.

Headquarter:

Where to find them: Website

Industry: Industrial Engineering, Manufacturing, Recycling

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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