hvacrollups.com
← Deals
Majority stake Closed May 2016

Delta Electronics acquires majority stake in Loy Tec and Innocontrol

Relationship map

Relationship map for Delta Electronics acquires majority stake in Loy Tec and Innocontrolparent ofDelta Electronics: Operating CompanyDEDelta ElectronicsInnocontrol electronics GmbH: Operating CompanyIEInnocontrol electroni…
Operating Company

Parties

Acquirer
Delta Electronics
Operating Company
Target
Innocontrol electronics GmbH
Operating Company

Summary

Delta Electronics' Singapore subsidiary acquired an initial 85% shareholding in building-automation companies Loy Tec electronics GmbH and Innocontrol electronics GmbH, with plans to acquire the remaining 15% later.

Primary source