# IDEC Corporation acquires APEM Group

IDEC Corporation entered into a definitive stock purchase agreement to acquire 100% of APEM Group from Intermediate Capital Group and management, creating a global HMI and industrial control powerhouse.

- Type: Acquisition
- Announced: 2017-03-01
- Where: France
- Status: announced
- Products: HMI solutions, switches, joysticks, keyboards, LED indicators
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IDEC Corporation](https://endata.com/companies/16509.md) (acquirer)
- [Apem Group](https://endata.com/companies/16510.md) (target)
- [Intermediate Capital Group](https://endata.com/companies/16827.md) (investor)

## Sources

- [mynthcapital.com](https://mynthcapital.com/public-deals/apem-group-acquired-by-idec-corporation-LN1FZcleCB7z529JE0DD), 2017-03-01: "IDEC Corporation has entered into a definitive stock purchase agreement to acquire 100% of APEM Group from Intermediate Capital Group (ICG) and the management team."
- [manufacturing.net](https://www.manufacturing.net/home/press-release/13194728/idec-acquires-fellow-industrial-automation-supplier-apem), 2017-04-10: "This acquisition is a major step for IDEC to establish solid foundations for global growth."
- [prweb.com](https://www.prweb.com/releases/idec_acquires_apem/prweb14233076.htm), 2017-04-13: "This acquisition is a major step for IDEC to establish solid foundations for global growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.