Maxion International Motores produces a full line of diesel engines ranging from 95 to 275 horsepower for use by original equipment manufacturers in Brazil and Argentina and exports a 7.3-liter diesel to Mexico and Australia. Customers include Ford Motor Company, General Motors Corporation, Mercedes Benz and Land Rover in the automotive markets and AGCO in the industrial market.
Maxion International Motores was acquired by Navistar International on January 26, 2001.
Join Mergr to view all 20 acquisitions of automotive companies in 2001, including 9 acquisitions by private equity firms, and 11 by strategics.
Out of 60 sectors in the Mergr database, automotive ranked 27 in number of deals in 2001. The largest automotive acquisition in 2001 was Eaton - Vehicle Switch/Electronics Division - which was acquired by Delphi Automotive for $300M.
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