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
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