Sale of Myrra to Acal plc

Sector(s)
Industrials
Deal type
Sell your business
Date
September 2013
Countries involved
France / UK

Client

Myrra desigsn and manufactures high-quality transformers and inductors for renewable energy, energy conversion, industrial, and healthcare applications

Deal

Myrra’s owners (management and French PE Initiative & Finance) sold the company to Acal plc

Parties

Lead team

  • Nicolas Balon

    Nicolas Balon

    Partner France
  • Thibault Laroche-Joubert

    Thibault Laroche-Joubert

    Partner France

What we did

  • We were appointed by the sellers (Myrra’s management and French PE Initiative & Finance) to run an international auction process for this attractive industrial asset
  • Our bespoke approach of disposals across the world helped enter into effective and confidential discussions with a limited number of strategic buyers
  • Our experience in marketing and managing disposals to international buyers and ability to manage constraints associated with the selected buyer’s profile (UK-listed group running a placing to complete Myrra’s acquisition which was a Class 1 transaction under the LSE) have been key to successfully close this transaction

About the deal

Myrra designs and manufactures high-quality transformers and inductors for renewable energy, energy conversion, industrial, and healthcare applications. Their range includes electronic transformers as small as EI-30, flyback transformers, and a variety of standard PCB mount inductors and chokes. Myrra also designs and manufactures bespoke magnetic components, in addition to offering customised versions of their standard products.

Acal is an international group of businesses that designs, manufactures and supplies highly differentiated, innovative components for electronics applications. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally. It is listed on the Main Market of the London Stock Exchange.