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  5. Amtek Acquires Zelter

M&A Deal Summary

Amtek Acquires Zelter

On July 5, 2004, Amtek acquired automotive company Zelter

Acquisition Highlights
  • This is Amtek’s 5th transaction in the Automotive sector.
  • This is Amtek’s 1st transaction in Germany.

M&A Deal Summary
Date 2004-07-05
Target Zelter
Sector Automotive
Buyer(s) Amtek
Deal Type Add-on Acquisition

Target

Zelter

Germany
Zelter GmbH is a specialist turbo charger machining company based in Germany.

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Buyer(S) 1

Buyer

Amtek

New Delhi, India
Category Company
Sector Manufacturing
Revenue 47.8B INR (2019)
DESCRIPTION

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 5 of 15
Sector: Automotive M&A 5 of 13
Type: Add-on Acquisition M&A Deals 4 of 13
Country: Germany M&A 1 of 6
Year: 2004 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-16 GWK Group

Letchworth, United Kingdom

GWK Group Ltd. is a provider of complex machining and high level module assembly. GWK Group is based in Letchworth, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Halberg Guss

66130, Germany

Halberg Guss GmbH is a manufacturer and developer of cast iron cylinder blocks, crank shafts, and rear axle casings for automobile.

Buy -
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