M&A Deal Summary

Aludyne Acquires Shiloh Industries - CastLight Business

On April 13, 2021, Aludyne acquired automotive company Shiloh Industries - CastLight Business from Shiloh

Acquisition Highlights
  • This is Aludyne’s 1st transaction in the Automotive sector.
  • This is Aludyne’s 1st transaction in the United States.
  • This is Aludyne’s 1st transaction in Ohio.

M&A Deal Summary
Date 2021-04-13
Target Shiloh Industries - CastLight Business
Sector Automotive
Buyer(s) Aludyne
Sellers(s) Shiloh
Deal Type Divestiture

Target

Shiloh Industries - CastLight Business

Valley City, Ohio, United States
Shiloh Industries' CastLight Business provides lightweighting technologies.

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Buyer(S) 1

Buyer

Aludyne

Southfield, Michigan, United States
Category Company
Founded 2013
Sector Automotive
DESCRIPTION

Aludyne is a lightweighting solutions and components supplier to the mobility industry. Aludyne manufactures aluminum and iron vehicle components for safety critical applications, including chassis, subframe, and electric vehicles. Aludyne was founded in 2013 and is based in Southfield, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Shiloh

Valley City, Ohio, United States
Category Company
Founded 1950
Sector Manufacturing
Employees4,000
Revenue 1.1B USD (2018)
DESCRIPTION

Shiloh designs and manufactures lightweight products within body structure, chassis and propulsion systems. Shiloh’s multicomponent, multi-material solutions are comprised of a variety of alloys in aluminum, magnesium and steel grades, along with its proprietary line of noise and vibration reducing ShilohCore® acoustic laminate products. Shiloh Industries was founded in 1950 and is based in Valley City, Ohio.

DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 2
State (Ohio) 1 of 2
Country (United States) 1 of 2
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Radar Industries

Warren, Michigan, United States

Radar Industries, Inc. designs and manufactures metal stampings and assemblies to automotive, heavy truck, recreation, and appliance industries in the United States and internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Shiloh Industries - U.S. BlankLight Business

Valley City, Ohio, United States

Shiloh Industries' U.S. BlankLight Business provides laser-welded solutions that deliver material savings, weight and cost reductions, and increased fuel efficiency to the mobility market.

Sell $105M
Mergr

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