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Majority stake Closed May 2016

Delta Electronics acquires majority stake in Loy Tec and Innocontrol

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Relationship map for Delta Electronics acquires majority stake in Loy Tec and Innocontrolparent ofDelta Electronics: Operating CompanyDEDelta ElectronicsLoy Tec electronics GmbH: Operating CompanyLTLoy Tec electronics G…
Operating Company

Parties

Acquirer
Delta Electronics
Operating Company
Target
Loy Tec 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.

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