Round-up of today’s M&A deals
Energy technology business t-mac Technologies has acquired design engineering and manufacturing company FAW Electronics.
As part of its development strategy, which includes a 40 per cent growth target over the next 12 months, the deal adds to its energy management services and brings a specialist team of design engineers for electronic control requirements.
‘We aim to provide a seamless service for our clients,’ says Lisa Gingell, director at t-mac Technologies.
Gingell adds: ‘We have worked with FAW Electronics since our launch to produce and deliver technical hardware products for our ever expanding client base, so this acquisition was the next logical step.’
Round up of today’s M&A deals
- Web.com makes online marketing buy
Value: £247 million
Advisers: undisclosed
- Facebook moves into digital books market
Value: undisclosed
Advisers: undisclosed
- Samsung acquires memory maker Grandis
Value: undisclosed
Advisers: undisclosed
