Intellitec

Intellitec, a producer of electronic systems for the specialist vehicle market, has been acquired by Scorpion Automotive, a Chorley-based provider of vehicle security solutions.

Summary of transaction details:

• Value: Not Disclosed
• Sector: Industrials & Energy
• Advisor: KBS Corporate Finance
• Key Entities: Intellitec, Scorpion Automotive
• Location: Wirral, Chorley

Note: The acquisition of Intellitec by Scorpion Automotive demonstrates the strategic importance of complementary capabilities in strengthening market position and accelerating growth, and is expected to create new opportunities for growth and expansion in the B2B market.