acquired majority of
2019
Advisor to the Seller
Özak is a leading pedestrian and vehicle access systems manufacturer in Türkiye. Özak employs 200 personnel at its 24,000m2 manufacturing sites in Kocaeli.
Came based in Italy has been provider of home & building automation systems, integrated access control systems and automatic parking solutions. Being a family-owned company, Came has 6 manufacturing sites in Italy, France, Spain and England as well as 26 branch offices, 480 licensed distributors and business partners in 118 countries worldwide.
Came acquired majority of Özak.
acquired 82% of
US $235 million
2019
Advisor to the Seller
Ulusoy Elektrik produces medium-voltage switchgear, medium-voltage distribution transformers, substation kiosks, and medium-voltage cable connection systems. The company has manufacturing facilities in Türkiye and Indonesia and employs approximately 780 people. Ulusoy had sales of US$117 million in 2018.
With 2018 sales of US$21.6 billion, Eaton offers energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power. It has approximately 99,000 employees and sells products to customers in more than 175 countries.
Eaton acquired 82% of Ulusoy Elektrik for US$235 million.
acquired 100% of
2018
Advisor to the Seller
Rapro is Türkiye's leading manufacturer of low pressure automotive rubber hoses. The manufacturing and logistics facilities are located in Izmir and Manisa (Türkiye) with a total closed area of 33,000 sqm. Exports, accounting for 80% of the turnover, are destined to more than 40 countries. With over 850 new products launched every year, Rapro has a product portfolio comprised of more than 9,000 different items.
Gates Industrial Corporation is a world leader in the manufacturing of hi-tech rubber belts and hoses for industrial, hydraulic, agricultural and automotive applications. Gates has 13,500 employees at 100 locations in 33 countries.
Gates acquired 100% Rapro.
