Industry ReportsCountry Reports

Fredericks Michael & Co. advises Efore Plc (NASDAQ OMX: EFO1V) (FIN) on the acquisition of ROAL Electronics S.p.A. (IT)

Fredericks Michael & Co. acted as the exclusive financial advisor to Efore Plc on its strategic acquisition of ROAL Electronics S.p.A. ROAL Electronics S.p.A. designs and manufactures standard and custom power products for multiple industrial applications including LED lighting, instrumentation devices and video wall displays. The acquisition price consisted of cash (60%) and Efore Plc shares (40%).

The acquisition supports Efore’s strategy to grow its business within the industrial sector and balance Efore’s revenue contribution from its other business sectors. The transaction also allows Efore to optimize its production capacities, production footprint and supply chains.

FM&Co. advised Efore on a multi-step engagement process which included the development and execution of a strategic search and screen process for power supply manufacturers targeting the industrial sector, identifying ROAL as an acquisition target in line with Efore’s strategic objectives for an acquisition and acquisition advice including valuation, structuring, due diligence and negotiations through closing.

About Efore Plc

Efore is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its production unit is located in China. Efore is present also in Sweden. In the fiscal year ending in October 2012, consolidated net sales totaled EUR 78.1 million and the Group's personnel averaged 888. The company's share is quoted on the Nasdaq OMX Helsinki Ltd.

About ROAL Electronics S.p.A.

Roal was established in 1985 and employs approximately 350 people. Its headquarters and R&D are based in Castelfidardo, Italy and the production unit in Tunis, Tunisia. Sales and marketing operations are located in Europe, United States and China.

About Fredericks Michael & Co.
Established since 1984, Fredericks Michael provides distinctive financial advisory solutions to large corporations, private and family-controlled businesses, and financial sponsors seeking to execute cross-border mergers, acquisitions, divestitures and strategic alliances in Europe, the Americas and Asia.
Sign up to stay informed