Announced
Completed
Financials
Sources
Tags
Domestic
advanced electronics
Electronic Components and Equipment
South Africa
Acquisition
Majority
Private
Friendly
Single Bidder
Completed
Synopsis
Reunert, a manager of a portfolio of businesses in the fields of electrical engineering, information and communication technologies, completed the acquisition of Etion Create, a company that designs, develops and manufactures advanced electronic and embedded solutions and customised digital products, for $13m. Etion Create will be integrated into the Applied Electronics segment of the Reunert group and will provide it with original design capability for the design integration and support of advanced technology in the mining and industrial; defence and aerospace; internet of things and sensors; and cyber security market segments.
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