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New Deal


Announced

Completed

Snap-on completed the acquisition of a stake in SAVTEQ.

Financials

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Transaction Value-
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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Private

United States

3D pointcloud scanning

Acquisition

Single Bidder

Production Technology Equipment

Domestic

Friendly

Minority

Completed

Synopsis

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Snap-on, a manufacturer of high-end tools and equipment for professional use in the transportation industry including automotive, heavy-duty, marine, aviation, and railroad segments, completed the acquisition of a stake in SAVTEQ, a company that develops proprietary technologies utilizing structured light in applications such as non-destructive testing, industrial metrology, and robotic vision. Financial terms were not disclosed.

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