Home  >> Transactions>> Actuant sells Kopp to Palero Capital

Actuant sells Kopp to Palero Capital

Actuant Corporation (NYSE: ATU), a diversified industrial goods company, has sold Heinrich Kopp AG, its European electrical business, to Palero Capital GmbH, a Germany-based private equity firm. Kopp designs, manufactures and markets electrical sockets, switches and other tools and consumables predominately for the European Do-It-Yourself retail market. It has operations in Germany, Austria and Tunisia, with annual revenues approximately $105 million and employs approximately 525 people. EC Mergers & Acquisitions advised Actuant on this transaction.

Others

Entegris has sold ECP to InnovaFonds      Learn More >>
Wagner SprayTech has acquired HomeRight      Learn More >>
Leatherman has sold Ledlenser to Afinum      Learn More >>
4D Technology has been sold to Nanometrics      Learn More >>
MakeLeaps, Inc. has been sold to Ricoh Company, Ltd.      Learn More >>
Halma has acquired LAN Control Systems      Learn More >>
Xylem has sold Sensus Precision Die Casting (Yangzhou) to SORL Auto Parts      Learn More >>
Randstad has sold Locum Medical Group to Health Carousel      Learn More >>
EMX Industries has been sold to Watervale      Learn More >>
Steel Partners has acquired PST Group      Learn More >>
Galileo TP has been sold to Burke Porter Group      Learn More >>
Entegris Has Acquired Flex Concepts, Inc.      Learn More >>