Insights
Benchmark International Successfully Facilitated the Transaction Between Whistler Technology Ltd and Milexia Group
July 29, 2024
Benchmark International is pleased to announce the acquisition of Whistler by Milexia.
Established in 2001, Whistler’s core business is strategic electronic component sourcing services, utilising its team’s experience and skillset, and leveraging its growing global supply chain built on long-standing and trusted partnerships. The company operates in sectors including oil & gas, defence, aerospace, and consumer goods.
Founded in 1971, Milexia is one of the world’s leading European suppliers for high-quality electronic components, systems and scientific instruments technology. It has offices and warehouses in France, Italy, Spain, the UK and Germany. The group has technical centres in France and the UK, which offer customised, installation, training and maintenance solutions for the defence, space, transportation, SATCOM, scientific instrumentation, and other civil industries.
With this strategic acquisition, Milexia continues to expand its footprint and service offerings, reinforcing its commitment to delivering high-quality, reliable, and efficient supply chain solutions across various sectors.
Your perfect buyer is out there. Find them today.
Jonathan Vincent, managing director at Whistler, said: “Becoming part of the Milexia Group enables us to take a key next step in our growth plan of becoming a multinational organisation that offers customers, old and new, a broader, more complete service. This will enable us to become a much more strategic partner to our customers and also allows us to contribute to Milexia’s already impressive sales strategy and team. In addition, we are excited to bring our knowledge and expertise to Milexia as an offering to their existing customers. We are very much looking forward to playing our part in making Milexia an even bigger global force in the electronics distribution industry making access to complex sourcing easier.”
Commenting on working with Benchmark International, Mr. Vincent said: “In reality [selling a business] has many challenges. Will, James and everyone at Benchmark have been fantastic from finding a buyer to giving advice through the whole selling process. Thanks for all your help.”
Xavier Gaillard, CEO at Milexia Group, said: “Whistler Technology’s teams, through their expertise in electronic components procurement services, complements those of Milexia. This acquisition will reinforce our group’s position as the European leader in value-added technology distributors adding, among others, key services to customers such as obsolescence management, strategic procurement outsourcing and following a rigorous quality, test and inspection process. This is in line with our growth ambitions in Europe and beyond to better serve our ecosystem of customers and partners.”
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Related Posts
Managing Expectations While On MarketDeciding to sell your business can be a nerve-wracking yet exciting endeavor. It marks the culmination of many years of dedication, hard work, and strategic planning. As you prepare to go to market, engage with buyers through site visits, field and respond through information requests from interested parties, and hopefully navigate potential negotiations with buyers, it is vital not to overlook the significance of the market feedback you may receive while fielding these various levels of interest. The input received throughout the stages of this process is paramount to consider when managing your expectations while you are on the market. Understanding and finding the overall market consensus of feedback can help you determine what may add value to your overall offer or detract from your valuation. An often overlooked aspect is considering the market feedback generated by interest and adjusting your expectations accordingly.Beyond The Price Tag: Non-Financial Considerations In Business ValuationIt’s easy to be swept up in the flood of advice and methods for valuing a business. A quick internet search provides almost infinite resources right at your fingertips. From more general approaches to specific analyses, there is a lot of financial data to parse through, regardless of the methods you choose.