Adel System Srl Enters New Era with Puls Gmbh Acquisition
Deal News | Dec 04, 2024 | Scouting Capital Advisors
Adel System Srl, a company specializing in designing technological solutions in the power supply management sector, has completed the sale of a majority stake in its capital to Puls Gmbh. Founded in 1991 by Lelio Donelli, Adel System is known for designing and producing industrial power supplies and intelligent battery chargers. The acquisition allows Adel System to become part of the Puls group, aiding the company in continuing and strengthening its successful trajectory. Puls, founded in 1980 and headquartered in Munich, Germany, is a global leader in the development and mass production of DIN rail power supplies. The acquisition was facilitated by Scouting Capital Advisors, who served as the financial advisor for Adel System, while legal advice was provided by Sutich Barbieri Sutich. Puls was advised by Cerina Studio Legale and HLB Analisi for different aspects of the acquisition.
Sectors
- Technology
- Industrial Manufacturing
Geography
- Italy – Adel System is headquartered in Reggio Emilia, Italy.
- Germany – Puls Gmbh is headquartered in Munich, Germany, and plays a significant role as the acquiring company.
- Czech Republic and China – Puls has production facilities in the Czech Republic and China, underlining its global manufacturing presence.
Industry
- Technology – Adel System and Puls are involved in the design and production of technological solutions, specifically in power supply management and DIN rail power supplies.
- Industrial Manufacturing – Both Adel System and Puls are involved in manufacturing industrial power supplies and equipment, highlighting their role in the industrial manufacturing sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Adel System Srl | Target company | Company | Adel System specializes in designing and manufacturing power supply solutions, founded by Lelio Donelli. |
| Puls Gmbh | Bidding company | Company | Puls is a leader in the DIN rail power supplies market, headquartered in Munich and with operations globally. |
| Scouting Capital Advisors | Financial advisor | Company | Scouting Capital Advisors served as the financial advisor to Adel System for this transaction. |
| Sutich Barbieri Sutich | Legal advisor | Company | Legal advisors for Adel System with senior partners Giorgio Barbieri, Mario Varchetta, and Alessandro Nironi Ferraroni involved. |
| Cerina Studio Legale | Legal advisor | Company | Provided legal advice to Puls Gmbh with founder Paolo Cerina leading the team. |
| HLB Analisi | Advisor | Company | Supported Puls with advisory services, led by Partner Francesco Notari and Senior Manager Andrea Bellegati. |
| Lelio Donelli | Founder of Adel System | Person | Founded Adel System in 1991 and contributed to its growth in power supply technology. |
| Stefano Artoni | CEO of Adel System | Person | CEO and controlling shareholder of Adel System who helped steer the company towards innovative products. |