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New Deal


Announced

Completed

Melrose Industries acquired Nortek for $2.8bn.

Financials

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Transaction Value£2,138m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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diversified manufacturing

Machinery: Industrial

United States

Public

Completed

Friendly

Acquisition

Private Equity

Synopsis

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Melrose Industries, a London-based company that specialises in buying and improving underperforming businesses, acquired Nortek, a diversified manufacturer and distributor of building products, for $2.8bn.

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