Acquisition of Löwener Maschinen GmbH

Year:  1993
Transaction value:  Not published
Industry:  Industrial products
Business field:  Mergers & Acquisitions
HSCie Customer
SPX Corporation, Muskegon, USA

SPX is a Fortune 500 company with activities in the areas of automotive supply, workshop equipment, cooling systems and laboratory equipment.

Companies involved
Löwener Group, Copenhagen, Denmark

Löwener is a wholesaler for workshop equipment, technical devices and machines.

Transaction
SPX Corporation bought Löwener Maschinen GmbH, Cologne, from the Löwener Group. Löwener Maschinen is a manufacturer and supplier of special tools for automobiles of the Ford Motor Company.

Task
HSCie advised on the decision-making process, valuation, due diligence and negotiations.