.
MergerLinks Header Logo

New Deal


Announced

Elektron Technology acquired Next Control Systems for £10.5m.

Financials

Edit Data
Transaction Value£10m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA6.6x
Share Price Premium-
One Off Charge-

Tags

Edit

advisory services

Private

United Kingdom

Acquisition

life sciences

Biotechnology

Synopsis

Edit

Elektron Technology, a Swedish developer and manufacturer of musical instruments, acquired Next Control Systems, a leader in high-end service based temperature monitoring for healthcare and life sciences within the UK, for £10.5m. Commenting on the transaction, Keith Daley, Executive Chair of Elektron Technology said: "The acquisition of Next marks another milestone for Checkit. It further significantly enhances our value proposition in capabilities, services and demonstration of scale. We look forward to realising the many opportunities offered by the combination of Checkit and Next."

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US