AutomotiveCompany
Velvac Ownership
Who owns Velvac?
Velvac is owned by The Eastern. It was acquired on April 4, 2017.
Was Velvac formerly PE-backed?
Yes. Velvac was formerly owned by 1 private investor.
Velvac Business Overview
Where is Velvac headquartered?
Velvac is headquartered in New Berlin, Wisconsin.
What sector is Velvac in?
Velvac is an automotive company.
When was Velvac founded?
Velvac was founded in 1934.
Automotive M&A Summary in 2017
Out of 60 sectors in the Mergr database, automotive ranked 17 in number of deals in 2017. The largest automotive acquisition in 2017 was Alliance Industrie SA - which was acquired by Genuine Parts for $2.0B.
Join Mergr to view all 181 acquisitions of automotive companies in 2017, including 36 acquisitions by private equity firms, and 145 by strategics.