M&A Deal Summary

IMPCO Technologies Acquires EvoTek

On September 22, 2010, IMPCO Technologies acquired automotive company EvoTek for 7M USD

Acquisition Highlights
  • This is IMPCO Technologies’ 1st transaction in the Automotive sector.
  • This is IMPCO Technologies’ largest (disclosed) transaction.
  • This is IMPCO Technologies’ 1st transaction in the United States.
  • This is IMPCO Technologies’ 1st transaction in Florida.

M&A Deal Summary

Date 2010-09-22
Target EvoTek
Sector Automotive
Buyer(s) IMPCO Technologies
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

EvoTek

Longwood, Florida, United States
EvoTek LLC is a manufacturer and supplier of automotive components and systems.

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Buyer(S) 1

Buyer

IMPCO Technologies

Santa Ana, California, United States

website


Category Company
Founded 1958
Sector Manufacturing
DESCRIPTION

IMPCO Technologies Inc. manufactures and markets products and systems that allow on-highway and off-highway engines to operate on clean burning.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1