M&A Deal Summary

CITIC Dicastal Wheel Manufacturing Acquires KSM Castings

On July 7, 2011, CITIC Dicastal Wheel Manufacturing acquired automotive company KSM Castings from Motion Equity Partners

Acquisition Highlights
  • This is CITIC Dicastal Wheel Manufacturing’s 1st transaction in the Automotive sector.
  • This is CITIC Dicastal Wheel Manufacturing’s 1st transaction in Germany.

M&A Deal Summary
Date 2011-07-07
Target KSM Castings
Sector Automotive
Buyer(s) CITIC Dicastal Wheel Manufacturing
Sellers(s) Motion Equity Partners
Deal Type Add-on Acquisition

Target

KSM Castings

Hildesheim, Germany
KSM Castings has sales of over EUR290 million and is a leading supplier of safety-critical and high-specification aluminium parts to major global customers including Volkswagen, Daimler Chrysler, BMW, Ford and Porsche. The company is headquartered in Hildesheim, Germany and has five production sites in Germany and one in the Czech Republic.

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Buyer(S) 1

Buyer

CITIC Dicastal Wheel Manufacturing

Qin Huangdao City, China
Category Company
Founded 1988
Sector Manufacturing
DESCRIPTION

CiTiC Dicastal Wheel Manufacturing Co., Ltd (hereinafter referred to as Citic Dicastal) has grown for ten years, along with the rapid development of Chinese automobile industry.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

Motion Equity Partners

Paris, France

Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Motion Equity Partners is a European private equity firm that targets large buyouts and turnaround situations valued up to €300 million. Broad areas of interest include consumer (leisure, retail, household and consumer goods, food/beverages), industrial (building materials, automotive, manufacturing, chemicals), business services (outsourced services, logistics and transportation, facilities management), and healthcare services and equipment. Motion prefers opportunities located in France, the UK, Germany, and Italy and looks to commit €20 to €80 per transaction. Motion Equity Partners was established in 2001 and is headquartered in Paris.

DEAL STATS #
Overall 20 of 32
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 12 of 17
Country (Germany) 3 of 4
Year (2011) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-29 Oase

Horstel, Germany

Oase is a provider of outdoor water gardening products with a growing presence in indoor aquatics products, which are sold under their biOrb and Highline programs. Oase's products stand for cutting‐edge design and exceptional ease of use. OASE is also a leader in complex fountain technology and has extensive experience designing large‐scale projects globally, including The Island in Pigeon Forge in Tennessee, USA; Dancing Fountain at The World Towers in Mumbai, India; and Crane Dance at Sentosa Island in Singapore. Oase was founded in 1949 and is based in Horstel, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-10 Ixetic

Hamburg, Germany

Hydraulik GmbH & Co. KG (later rebranded Ixetic), the European leader in the production of high-performance hydraulic pumps and innovative air-conditioning CO2 compressors for premium car manufacturers.

Sell -
Mergr

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