M&A Deal Summary

American Axle & Manufacturing and Saab Automobile AB Acquire E-aam Driveline Systems Ab

On May 24, 2010, American Axle & Manufacturing and Saab Automobile AB acquired automotive company E-aam Driveline Systems Ab

Acquisition Highlights
  • This is American Axle & Manufacturing’s 1st and Saab Automobile AB’s 1st transaction in the Automotive sector.
  • This is American Axle & Manufacturing’s 1st and Saab Automobile AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2010-05-24
Target E-aam Driveline Systems Ab
Sector Automotive
Buyer(s) American Axle & Manufacturing
Saab Automobile AB
Deal Type Joint Venture

Target

E-aam Driveline Systems Ab

Trollhättan, Sweden
E-aam Driveline Systems Ab,provides customers around the globe with innovative solutions for electric driveline systems including electric all-wheel-drive (eAWD), plug-in hybrids, and full electric vehicles.

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Buyer(S) 2

Buyer

American Axle & Manufacturing

Detroit, Michigan, United States

Category Company
Founded 1994
Sector Automotive
Employees19,000
Revenue 6.1B USD (2024)
DESCRIPTION
Entrance to American Axle & Manufacturing's corporate headquarters in Detroit, Michigan.
Entrance to American Axle & Manufacturing's corporate headquarters in Detroit, Michigan.

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 formed in 1994 and is based in Detroit, Michigan.


DEAL STATS #
Overall 1 of 5
Sector: Automotive M&A 1 of 5
Type: Joint Venture M&A Deals 1 of 1
Country: Sweden M&A 1 of 2
Year: 2010 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-07 Aam Sona Axle Pvt.

Pune,, India

Aam Sona Axle Pvt. Ltd. engages in manufacture and sell light truck, passenger car and SUV axle assemblies for the India market.

Buy -
Buyer

Saab Automobile AB

Trollhattan, Sweden

Category Company
Founded 1945
Sector Automotive
DESCRIPTION

Saab Automobile AB engages in the manufacture of automobiles in Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2010 M&A 1 of 1