Announced
Completed
Financials
Sources
Tags
Disposal
Acquisition
Majority
Germany
Consumer Electronics
Cross Border
Private
Single Bidder
Friendly
wire and cables
Completed
Synopsis
BizLink, an international provider of solutions for cables and connectivity services, completed the acquisition of Industrial Solutions from LEONI, a cable and harnessing manufacturing firm, for €450m. “BizLink has been able to achieve growth in operations through cost management, supply chain optimization, smart sourcing, and automation to increase productivity. The employees of BizLink and IN BG will work together to identify and fully utilize the tremendous potential that can be achieved from a larger manufacturing network, a broader technology spectrum, and extensive mutual know-how,” BizLink.
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