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New Deal


Announced

Completed

Reunert completed the acquisition of Etion Create for $13m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

advanced electronics

Electronic Components and Equipment

South Africa

Acquisition

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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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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