M&A Deal Summary |
|
---|---|
Date | 1999-01-04 |
Target | Avco Financial Services |
Sector | Financial Services |
Buyer(s) | Associates First Capital |
Sellers(s) | Textron |
Deal Type | Divestiture |
Deal Value | 3.9B USD |
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Category | Company |
---|---|
Founded | 1918 |
Sector | Financial Services |
Associates First Capital Corp. a diversified financial services organization providing finance, leasing, insurance and related services to individual consumers and businesses in the US and internationally.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Rhode Island) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (1999) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 1923 |
Sector | Diversified |
Employees | 35,000 |
Revenue | 13.7B USD (2023) |
Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron conducts business through five operating segments: Cessna, Bell, Textron Systems and Industrial, and Finance. Cessna is a general aviation company with two principal lines of business: Aircraft sales and aftermarket services. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Textron Systems’ product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of defense and aviation mission support products and services. Textron Industrial designs and manufactures a variety of products under three principal product lines, including Fuel Systems and Functional Components, Golf and Turf Care, and Powered Tools, Testing and Measurement Equipment. Textron Finance is a commercial finance business that consists of Textron Financial Corporation. Textron was founded in 1923 and is based in Providence, Rhode Island.
DEAL STATS | # |
---|---|
Overall | 4 of 16 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 4 of 15 |
State (Rhode Island) | 1 of 4 |
Country (United States) | 4 of 14 |
Year (1999) | 1 of 1 |
Size (of disclosed) | 1 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1998-10-13 |
DBSantasalo
Huddersfield, United Kingdom DBSantasalo designs and manufactures industrial gears and mechanical and hydraulic transmission systems used in a wide range of applications from industrial machinery, such as conveyors, to transportation applications, such as rail traction gears. DBSantasalo also manufactures industrial pumps for the oil, gas and petrochemical industries. DBSantasalo is based in Huddersfield, United Kingdom. |
Buy | $326M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1999-04-07 |
LCI International - Fluid Systems Division
Charlotte, North Carolina, United States LCI Corporation International - Fluid Systems Division is a manufacturer and assembler of gear pumps, filtration systems and accessory equipment for the polymer, extrusion and industrial pump industry. |
Buy | - |