Concentric is a provider of oil, water and fuel pumps for medium and heavy duty diesel engines used in commercial applications, trucks and construction equipment and has a comprehensive customer base, including all the diesel engine manufacturers, such as Cummins, Caterpillar and Daimler.
Concentric was acquired by Haldex AB on February 22, 2008.
Join Mergr to view all 69 acquisitions of automotive companies in 2008, including 25 acquisitions by private equity firms, and 44 by strategics.
Out of 60 sectors in the Mergr database, automotive ranked 26 in number of deals in 2008. The largest automotive acquisition in 2008 was Jaguar Land Rover - which was acquired by Tata Motors for $2.3B.
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