M&A Deal Summary

Atlas Holdings Acquires Motus Integrated Technologies

On June 2, 2014, private equity firm Atlas Holdings acquired automotive company Motus Integrated Technologies from Johnson Controls

Acquisition Highlights
  • This is Atlas Holdings’ 1st transaction in the Automotive sector.
  • This is Atlas Holdings’ 12th transaction in the United States.
  • This is Atlas Holdings’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2014-06-02
Target Motus Integrated Technologies
Sector Automotive
Buyer(s) Atlas Holdings
Sellers(s) Johnson Controls
Deal Type Divestiture

Target

Motus Integrated Technologies

Holland, Michigan, United States
Motus Integrated Technologies is a manufacturer of interior components and acoustic solutions for the automotive industry. The Company designs and produces headliners, door and console trim, and acoustic insulation products for global automotive OEMs. Motus Integrated Technologies was founded in 2014 and is headquartered in Holland, Michigan.

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Buyer(S) 1

Buyer

Atlas Holdings

Greenwich, Connecticut, United States

Category Private Equity Firm
Founded 2002
Size Large
Type Sector Agnostic
DESCRIPTION

Atlas Holdings is a private equity and investment holding firm focused on acquiring controlling interests in businesses operating in traditional, basic industries. Areas of interest include automotive, business services, industrial services, building materials, pulp and paper, distribution, energy, packaging, specialty steel and wood products. The Firm will participate in bankruptcy investments, highly structured equity and debt investments, leveraged ESOP acquisitions, out-of-court restructurings, and roll-ups. Atlas typically partners with private and institutional investors and structures one investment at a time. Atlas Holdings was established in 2002 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 14 of 40
Sector: Automotive M&A 1 of 4
Type: Divestiture M&A Deals 3 of 14
State: Michigan M&A 2 of 6
Country: United States M&A 12 of 32
Year: 2014 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-21 Twin Rivers Paper Company

Madawaska, Maine, United States

Twin Rivers Paper Company is an integrated manufacturer of lumber, specialty packaging, label and publishing paper products. Twin Rivers Paper Company was founded in 2010 and is based in Madawaska, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Banker Steel

Lynchburg, Virginia, United States

Headquartered in Lynchburg, Virginia with additional fabrication locations in New Jersey and Florida, Banker Steel provides fabricated structural steel for the entire east coast construction market and nationwide steel erection services for iconic projects such as One Vanderbilt, the Jacob K. Javits Convention Center Expansion and J.P. Morgan’s headquarters, all in New York City, the award-winning Washington Nationals Park in Washington, D.C. and the Barclays Center in Brooklyn, New York.

Buy -

Seller(S) 1

SELLER

Johnson Controls

Cork, Ireland

Category Company
Founded 1885
Sector Diversified
Employees94,000
Revenue 23.0B USD (2024)
DESCRIPTION
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.

Johnson Controls is a diversified technology and industrial company that creates products, services, and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls was founded in 1885 and is based in Cork, Ireland.


DEAL STATS #
Overall 7 of 18
Sector: Automotive M&A 3 of 3
Type: Divestiture M&A Deals 5 of 16
State: Michigan M&A 1 of 2
Country: United States M&A 6 of 14
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-16 Air Distribution Technologies

Plano, Texas, United States

Air Distribution Technologies is a provider of air-distribution and ventilation products for residential and industrial buildings in North America. Its brands include Koch Filter, Titus, Ruskin, Kreuger, PennBarry and Tuttle & Bailey and their product lines of grilles, registers and diffusers, terminal units, fire and smoke dampers, louvers, filters and fans. Air Distribution Technologies products are manufactured in the United States, Mexico, India, Thailand and the United Arab Emirates. Air Distribution Technologies is based in Plano, Texas.

Buy $1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Johnson Controls - Global WorkPlace Solutions

Wisconsin, United States

Johnson Controls, Inc. - Global WorkPlace Solutions is a provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.

Sell $1.5B