The Online Investor
Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:59 AM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #96. Actuant Corporation Viking SeaTech

Acquirer: Actuant Corporation (ATU)
Acquiree: Viking SeaTech
Details: Actuant Corporation (NYSE:ATU) announced today the signing of a definitive agreement to acquire Viking SeaTech ("Viking"). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The approximately 150 million ($225 million) purchase price will be funded from the Company's cash and revolving credit facility, and excludes potential future performance related consideration. Viking generated approximately $90 million in revenue in the past twelve months.

Actuant designs, manufactures and distributes a range of industrial products and systems to various end markets. Co. has two operating segments: Industrial Tools and Services and Engineered Components and Systems. Co.'s Industrial Tools and Services segment is a supplier of both products and services to an array of end markets, including the industrial, energy, mining and production automation markets. Co.'s Engineered Components and Systems segment is a designer, manufacturer and assembler of system critical position and motion control systems, ropes, cables and umbilicals, and other customized industrial components to various vehicle, construction, agricultural and other niche markets.

Open the ATU Page at The Online Investor »

Company Name: 
Actuant Corp
Website: 
www.actuant.com
Sector: 
Industrial Machinery & Equipment
 

Open the ATU Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (1.67 out of 4)
40th percentile
(ranked lower than approx. 60% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Industrial Machinery & Equipment M&A - Slide 96 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.