M&A Deal Summary |
|
|---|---|
| Date | 2022-04-11 |
| Target | Tekfor |
| Sector | Automotive |
| Buyer(s) | American Axle & Manufacturing |
| Sellers(s) | Amtek |
| Deal Type | Divestiture |
| Deal Value | 125M EUR |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Automotive |
| Employees | 19,000 |
| Revenue | 6.1B USD (2023) |
American Axle & Manufacturing is a manufacturer of automobile driveline and drivetrain components and systems for commercial vehicle and industrial markets. American Axle & Manufacturing Holdings was incorporated in 1994 and is based in Detroit, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Automotive) | 5 of 5 |
| Type (Divestiture) | 1 of 1 |
| Country (Germany) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-18 |
Grede
Southfield, Michigan, United States Grede is a producer of engineered iron castings to the automotive, medium and heavy truck, and industrial markets. Grede supplies a broad variety of ductile, gray, and high silicon moly iron castings to a diverse customer base. The company’s products include safety-critical chassis, suspension, and drivetrain components for automotive applications, highly engineered engine and chassis components for heavy-duty truck engines, and large axle housings and other drive train components for heavy equipment and agriculture markets. Grede was founded in 1920 and is based in Southfield, Michigan. |
Sell | $245M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-17 |
AAMIMCPL
Ahmednagar, India AAMIMCPL manufactures axles for light, medium, and heavy-duty commercial trucks and passenger buses. AAMIMCPL is based in Ahmednagar, India. |
Sell | $65M |
Amtek is a manufacturer of forgings, machined, and assembled products for domestic and international original equipment manufacturers and Tier 1 suppliers of auto components.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Automotive) | 3 of 3 |
| Type (Divestiture) | 3 of 3 |
| Country (Germany) | 3 of 3 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-05 |
REGE Motorenteile
Horselberg, Germany REGE Motorenteile GmbH is a manufacturer of engine components in the automotive industry. REGE manufactures cylinder heads, crankcases, common rails, ABS/ESP- and transmission housings, as well as other automotive parts for automotive manufacturers and system suppliers. REGE Motorenteile was founded in 1989 and is based in Horselberg, Germany. |
Sell | - |
