.
MergerLinks Header Logo

New Deal


Announced

Cellularline to acquire an 80% stake in Worldconnect for $22m.

Financials

Edit Data
Transaction Value£17m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For80%
EV/Sales1.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Consumer Electronics

Acquisition

adapters

Pending

Friendly

Cross Border

Switzerland

Private

Majority

Single Bidder

batteries

consumer electronics

Synopsis

Edit

Cellularline, a provider of consumer electronics, agreed to acquire an 80% stake in Worldconnect, a provider of premium adapters, for $22m. “SKROSS, as a brand, with its unique and patented products, has successfully positioned us with major travel retail operators worldwide. Joining forces with Cellularline offers perfect synergies in both accessing new channels and substantially broadening the product offering for both companies. We are extremely excited to team up with a company and its management with whom we share so much in terms of vision and passion," Sam Gerber and Christian Ernst, Worldconnect Co-CEOs.

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