# Caledonia Investments acquires majority stake in Deep Sea Electronics

Caledonia Investments plc acquired a 98.9% equity stake in Deep Sea Electronics Ltd, a UK-based designer and manufacturer of controllers for diesel generators and battery chargers, for £117.2 million, valuing the business at £162.0 million.

- Type: Acquisition
- Announced: 2018-10-15
- Where: Hunmanby, Yorkshire, United Kingdom
- Value: $210.0M (162.0M GBP)
- Status: announced
- Products: controllers for diesel generators, intelligent battery chargers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Caledonia Investments](https://endata.com/companies/34890.md) (acquirer)
- [Deep Sea Electronics](https://endata.com/companies/34891.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/CALEDONIA-INVESTMENTS-PLC-9676562/news/Caledonia-Investments-Acquisition-27422490/), 2018-10-15: "We are proud to have become the new owners of Deep Sea Electronics, a business with a strong reputation and market position."

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