M&A Deal Summary

Abundant Manufacturing Acquires Hanover Gear Manufacturing Co.

On May 30, 2008, Abundant Manufacturing acquired automotive company Hanover Gear Manufacturing Co.

Acquisition Highlights
  • This is Abundant Manufacturing’s 1st transaction in the Automotive sector.
  • This is Abundant Manufacturing’s 1st transaction in the United States.
  • This is Abundant Manufacturing’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2008-05-30
Target Hanover Gear Manufacturing Co.
Sector Automotive
Buyer(s) Abundant Manufacturing
Deal Type Add-on Acquisition

Target

Hanover Gear Manufacturing Co.

Hanover, Pennsylvania, United States
Hanover Gear Manufacturing Co. is a manufacturer of spur and helical gears, splined parts, and related power transmission components.

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Buyer(S) 1

Buyer

Abundant Manufacturing

Statesville, North Carolina, United States

Category Company
Founded 2003
Sector Automotive
DESCRIPTION

Abundant Manufacturing, Inc. is a manufacturer of gears and splines for applications in highway vehicles and heavy industrial products.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1