Electronics Stores M&A » By The Online Investor Staff, updated Tue., Aug. 14, 10:51 PM
Recent mergers and acquisitions in the Electronics Stores M&A category.
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Slide #1. Systemax — SCC Services B.V.
Acquirer:
Systemax (NYSE:SYX)
Acquiree:
SCC Services B.V.
Details:
Systemax Inc. (NYSE: SYX) today announced it has signed a definitive agreement to acquire SCC Services B.V., a supplier of business-to-business IT products and services with operations in the Netherlands, subject to certain closing conditions, including approval by the Netherlands Authority for Consumers and Markets. Financial terms of the acquisition, which is expected to close later in the second quarter, were not disclosed.
Systemax is a marketer of brand name and private label products. Co. operates in two reportable segments: Industrial Products Group, which sells a range of maintenance, repair and operations products, such as electrical and bulbs, fasteners and hardware, foodservice and appliances, furniture and office, material handling, medical and laboratory equipment, and metalworking and cutting tools, among others in North America; and EMEA Technology Products Group, which sells products categorized as Information and Communications Technology and Consumer Electronics as well as related technical services such as configuration, implementation, network security, and other technical services.
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List of Electronics Stores Mergers & Acquisitions in this Slideshow:
8/7/2012:
Acquirer: Richard Schulze, former chairman of Best Buy
Acquiree: Best Buy (BBY)
Merger/Acquisition details: details »
Broker/underwriter/advisor: Goldman, Sachs & Co.(Advisor)
Broker/underwriter/advisor: J.P. Morgan(Advisor)
11/28/2012:
Acquirer: GLENTEL Inc. (GLN.CA)
Acquiree: Automotive Technologies, Inc. dba Wireless Zone
Merger/Acquisition details: details »
12/2/2013:
Acquirer: LX Ventures (LXV.CA)
Acquiree: Copper.io Inc.
Merger/Acquisition details: details »
12/12/2013:
Acquirer: LX Ventures Inc. (LXV.CA)
Acquiree: Strutta.com Media Inc.
Merger/Acquisition details: details »
1/10/2014:
Acquirer: Infosat Communications LP
Acquiree: GLENTEL Business Division's non-core MSAT satellite division (GLN.CA)
Merger/Acquisition details: details »
2/18/2014:
Acquirer: LX Ventures (LXV.CA)
Acquiree: Copper Cloud Inc.
Merger/Acquisition details: details »
3/21/2014:
Acquirer: Nortek (NTK)
Acquiree: Thomas & Betts' HVAC Business
Merger/Acquisition details: details »
5/1/2014:
Acquirer: Nortek, Inc. (NTK)
Acquiree: Thomas & Betts' HVAC Business
Merger/Acquisition details: details »
5/2/2014:
Acquirer: Systemax (SYX)
Acquiree: SCC Services B.V.
Merger/Acquisition details: details »
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