M&A Deal Summary |
|
|---|---|
| Date | 2017-04-26 |
| Target | KIC |
| Sector | Automotive |
| Buyer(s) | Accuride |
| Sellers(s) | Industrial Opportunity Partners |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Manufacturing |
| Employees | 2,100 |
| Revenue | 685M USD (2015) |
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 | 4 of 5 |
| Sector (Automotive) | 4 of 5 |
| Type (Divestiture) | 3 of 3 |
| State (Washington) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2017) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-02 |
Brillion Iron Works
Brillion, Wisconsin, United States Brillion Iron Works, Inc. is a provider of casting design and production of gray, ductile and austempered ductile iron products. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-19 |
mefro wheels
Solingen, Germany mefro wheels GmbH is a manufacturer and supplier of steel wheels for the global commercial vehicle, off-road and automotive industries. mefro wheels GmbH was founded in 1991 and is based in Solingen, Germany. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Industrial Opportunity Partners is a private equity firm focused on acquiring and managing middle-market manufacturing and value-added distribution businesses. IOP looks to invest $15 to $100 million in companies with revenues between $50 and $500 million with an EBITDA of $5 to $50 million. Sectors of interest include building products, electronics, foundry, and casting products, precision machining, stamped and fabricated products, automotive components and steel/metal processing. IOP has a particular investment focus on enhancing the operations and optimizing the cost structures of businesses. Industrial Opportunity Partners was formed in 2005 and is based in Evanston, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 22 |
| Sector (Automotive) | 3 of 6 |
| Type (Divestiture) | 1 of 1 |
| State (Washington) | 1 of 2 |
| Country (United States) | 8 of 20 |
| Year (2017) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-07 |
GT Technologies
Westland, Michigan, United States GT Technologies is a provider of custom-engineered gasoline and diesel engine valvetrain actuation components and assemblies to the global automotive, heavy-duty truck, and off-road vehicle industries. The Company's products include rollers, roller finger followers (RFFs), hydraulic lash adjusters (HLAs), stamped rocker arms, roller tappets, and valvetrain actuation assemblies. GT Technologies was founded in 1905 and is headquartered in Westland, Michigan. with manufacturing and assembly operations in Toledo and Defiance, Ohio, Tallahassee, Fla. and Curitiba, Brazil, and a prototype center in Millbury, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-20 |
Kuss Filtration
Bloomer, Washington, United States Kuss Filtration, Inc. is a provider of light duty automotive and industrial filtration solutions serving original equipment manufacturer customers in the automotive, industrial equipment, materials handling, lawn and garden, agricultural and motorcycle industries. |
Sell | - |
