M&A Deal Summary

Accuride Acquires Transportation Technologies Industries

On January 31, 2005, Accuride acquired automotive company 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 Illinois.

M&A Deal Summary

Date 2005-01-31
Target Transportation Technologies Industries
Sector Automotive
Buyer(s) Accuride
Deal Type Add-on Acquisition

Target

Transportation Technologies Industries

Chicago, Illinois, United States
Transportation Technologies Industries, Inc. is a manufacturer of components for heavy duty vehicles.

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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) 2 of 5
Type (Add-on Acquisition) 1 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 3
Year (2005) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-31 Bostrom Seating

Piedmont, Alabama, United States

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

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