M&A Deal Summary

Accuride Acquires Bostrom Seating

On January 31, 2005, Accuride acquired automotive company Bostrom Seating from Transportation Technologies Industries

Acquisition Highlights
  • This is Accuride’s 2nd transaction in the Automotive sector.
  • This is Accuride’s 2nd transaction in the United States.
  • This is Accuride’s 1st transaction in Alabama.
Investment Fate
  • Bostrom Seating was divested to a consortium of strategic buyers in 2011 for 9M USD.

M&A Deal Summary

Date 2005-01-31
Target Bostrom Seating
Sector Automotive
Buyer(s) Accuride
Sellers(s) Transportation Technologies Industries
Deal Type Divestiture

Target

Bostrom Seating

Piedmont, Alabama, United States
Bostrom Seating, Inc. is a domestic manufacturer of suspension seating for use in heavy-duty truck cabs.

Search 215,058 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Accuride

Evansville, Indiana, United States

Category Company
Founded 1986
Sector Manufacturing
Employees2,100
Revenue 685M USD (2015)
DESCRIPTION

Accuride is a manufacturer and supplier of wheels and wheel-end components to the global commercial vehicle markets. The company’s products include steel and aluminum commercial vehicle wheels and wheel?end components and assemblies; and steel wheels for the European automotive and global agricultural, construction, and industrial equipment markets. Accuride was founded in 1986 and is based in Evansville, Indiana.


DEAL STATS #
Overall 2 of 5
Sector: Automotive M&A 2 of 5
Type: Divestiture M&A Deals 1 of 3
State: Alabama M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2005 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-31 Transportation Technologies Industries

Chicago, Illinois, United States

Transportation Technologies Industries, Inc. is a manufacturer of components for heavy duty vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-31 Bostrom Seating

Piedmont, Alabama, United States

Bostrom Seating, Inc. is a domestic manufacturer of suspension seating for use in heavy-duty truck cabs.

Sell $9M

Seller(S) 1

SELLER

Transportation Technologies Industries

Chicago, Illinois, United States

Category Company
Founded 1991
Sector Automotive
DESCRIPTION

Transportation Technologies Industries, Inc. is a manufacturer of components for heavy duty vehicles.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2005 M&A 1 of 1