M&A Deal Summary

Meritor Acquires Arvin Industries

On July 7, 2000, Meritor acquired automotive company Arvin Industries for 670M USD

Acquisition Highlights
  • This is Meritor’s 1st transaction in the Automotive sector.
  • This is Meritor’s largest (disclosed) transaction.
  • This is Meritor’s 2nd transaction in the United States.
  • This is Meritor’s 1st transaction in Indiana.

M&A Deal Summary

Date 2000-07-07
Target Arvin Industries
Sector Automotive
Buyer(s) Meritor
Deal Type Merger
Deal Value 670M USD

Target

Arvin Industries

Columbus, Indiana, United States
website
Arvin Industries, Inc. is a manufacturer of automotive components with more than 60 manufacturing facilities and six technical centers located in 22 countries. Arvin is a manufacturer of automotive exhaust systems; ride control products; air, oil and fuel filters; and gas-charged lift supports.

Search 193,448 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Meritor

Troy, Michigan, United States

website


Category Company
Founded 1909
Sector Automotive
Employees8,600
Revenue 3.0B USD (2020)
DESCRIPTION
Meritor's corporate headquarters in Troy, Michigan.
Meritor's corporate headquarters in Troy, Michigan.

Meritor is a global supplier of a broad range of integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors. Meritor was formed in 1909 and is based in Troy, Michigan.


DEAL STATS #
Overall 2 of 11
Sector (Automotive) 1 of 7
Type (Merger) 1 of 1
State (Indiana) 1 of 1
Country (United States) 2 of 6
Year (2000) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-12-28 Euclid Industries

Bay City, Michigan, United States

Euclid Industries, Inc. is a supplier of automotive parts to the heavy truck aftermarket.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-16 ArvinMeritor - Seat Motor

United States

ArvinMeritor's Seat Motor business engages in the manufacture and sale of seat motors.

Sell $12M