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New Deal


Announced

Interpump to acquire White Drive Motors & Steering from Danfoss for €270m.

Financials

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Transaction Value£232m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA6x
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

Friendly

Private

Pending

Single Bidder

Machinery: Industrial

mobile hydraulics

Acquisition

United States

industrial engineering

Synopsis

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Interpump, an Italian company specialized in the production of high and very high pressure water pumps, agreed to acquire White Drive Motors & Steering, a global producer of orbital motors and hydraulic steering units for mobile applications, from Danfoss, a provider of mobile hydraulics for the construction, agriculture and other off-highway vehicle markets, for €270m. "This acquisition, the most significant in Interpump’s history, will expand our product offering to include orbital motors and steering systems, reinforcing our role as a global player in hydraulics," Fulvio Montipò, Interpump Group Chairman.

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