On the Record · Kimball Electronics
Kimball Electronics acquisitions, on the record
The businesses Kimball Electronics bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
GES (automation, test and measurement business unit)Word for word“We completed the divestiture of the GES business to Averna Technologies Inc. on July 31, 2024.” 10-K for 2024 | divestiture | July 31, 2024 | — |
GES businessWord for word“We completed the divestiture of our GES business on July 31, 2024 and undertook restructuring efforts beginning in fiscal year 2024 to align our cost structure with reduced end-market demand levels.” 10-K for 2025 | divestiture | July 31, 2024 | — |
automation, test, and measurement businessWord for word“Our total number of customers declined by seven from 2024 to 2025; three of which were divested with our automation, test, and measurement business, and the remaining four customers accounted for less than 1% of our consolidated net sales in fiscal year 2024.” 10-K for 2025 | divestiture | — | — |
Helvoet Polymer Technologies B.V.Word for word“The acquisition of Helvoet Polymer Technologies B.V. (“Helvoet”) on July 1, 2026, which occurred after our fiscal year end and is therefore reported as a subsequent event in Note 22 - Sub sequent Event of Notes to Consolidated Financial Statements, expanded our capabilities in precision molded plastics, complex tooling, and medical device component manufacturing, enhancing our ability to provide comprehensive solutions to customers across the medical and pharmaceutical markets.” 10-K for 2026 | acquisition | July 1, 2026 | — |
GESWord for word“We completed the divestiture of GES on July 31, 2024 and recorded a gain on disposal of $2.4 million during fiscal year 2025.” 10-K for 2026 | divestiture | July 31, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-06-30 | $8.3 million | — | $3.6 million |
| 2017-06-30 | $2.1 million | — | — |
| 2018-06-30 | $0 | — | $0 |
| 2019-06-30 | $43.9 million | — | $11.9 million |
| 2020-06-30 | $0 | — | — |
| 2021-06-30 | $0 | — | — |
| 2023-06-30 | — | $0 | — |
| 2024-06-30 | — | $0 | — |
| 2025-06-30 | — | $18.5 million | — |
Deal filings since 2016
- 2026-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Kimball Electronics’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-08-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.