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New Deal


Announced

Mitsubishi Electric to acquire Scibreak.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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direct current circuit breakers

Sweden

Cross Border

Pending

Acquisition

Friendly

Single Bidder

Majority

Electrical Components

Private

Synopsis

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Mitsubishi Electric, a Japanese multinational electronics and electrical equipment manufacturing company, agreed to acquire Scibreak, a Swedish-based company that develops direct current circuit breakers. Financial terms were not disclosed. The two firms aim to strengthen the competitiveness of their unified business by working closely on developing DCCB technologies for high-voltage direct current systems to support the increasing global deployment of renewable energy.

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