Bruno Ruiz Arrue
Norgestion
Ikusi - Telecontrol
Deal Type
Company sale
Sector
Industrials
Completion Date
31st July 2018
Deal Value
Not disclosed
Company Background
Its main activity comprises the design, manufacture and sale of radio electronic systems based on radio connections for the remote operation of fixed or mobile industrial lifting machinery as well as for other type of applications.
Telecontrol is the remote control unit of Ikusi Electrónica, S.L., a family owned business (controlled by Velatia).
Deal Summary
Danfoss A/S has acquired the remote control business, currently owned by the company Ikusi. The deal value was not disclosed.
The remote control business will be integrated into the Danfoss Power Solutions business segment.
Value Added
NORGESTION has advised the seller (Ikusi) in the transaction(sale side).
NORGESTION has lead the process as Corporate Finance advisor of the seller (Valuation, Negotiation, Coordination of DD, Timing and relationship between both sides).
